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The Fed raises interest rates to try fight inflation

Published June 16, 2022 at 10:52 AM PDT

The U.S. Federal Federal Reserve raised interest rates by .75% — the largest increase since 1994. NPR’s chief economics correspondent Scott Horsley joins us.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.