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Fed Chair Jerome Powell speaks after raising interest rates to 22-year high | full video

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Federal Reserve Chairman Jerome Powell spoke to reporters Wednesday after the Fed raised its benchmark interest rate to 5.5%, the highest level in more than 20 years. In June, the Federal Reserve announced it was pausing interest rate hikes after 15 months of consecutive increases.

#news #interestrates #federalreserve

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News and politics
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