Federal Reserve raises key rate by three-quarters of a point in bid to tame high inflation, its largest hike since 1994

Federal Reserve raises key rate by three-quarters of a point in bid to tame high inflation, its largest hike since 1994

ByThe Associated Press
June 15, 2022, 2:01 PM

WASHINGTON -- Federal Reserve raises key rate by three-quarters of a point in bid to tame high inflation, its largest hike since 1994.

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