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Fed Jacks Up Rate 75 BPS For Third Straight Month

At a glance

  • For the third consecutive month, the Federal Reserve raised its benchmark interest rate 75 basis points in a bid to slow inflation.
  • The three recent interest rate hikes are the most aggressive series of increases since 1994

 

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The Philadelphia Fraternal Order of Police gave its support Monday to Pennsylvania GOP Senate nominee Dr. Mehmet Oz over Democrat nominee and statte Lt. Gov. John Fetterman.