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Fed announces interest rates increase

Published November 2, 2022 at 11:33 AM PDT

The Federal Reserve has announced it’s raising interest rates by three-quarters of a percent — just the latest increase as it tries to apply the brakes to inflation.

Mike Regan, senior editor for Bloomberg News, joins us.

This article was originally published on WBUR.org.

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