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10 Things That Didn’t Exist Last Time Interest Rates Were This High

This afternoon, the FOMC is expected to announce a 75-basis point (BPS) rate hike, bringing federal fund rates to the 300-325 BPS range. This means interest rates will be between 3-3.25% for the first time since before the financial crisis in 2007-2008. More specifically, the Fed began cutting rates in September 2007, bringing rates to 3% by January 2008.

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Janet Yellen Talks Supply Chain, Inflation, New IRS Funding At Ford EV Plant: What Investors Need To Know

The Federal Reserve has the primary responsibility and role in bringing inflation down, but President Joe Biden's administration can focus on the supply chain and energy markets to help alleviate the pains of inflation, Treasury Secretary Janet Yellen said Thursday at the Ford Motor Company (NYSE:

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