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Despite banking insecurity, Fed raises benchmark rate by 25 basis points

Ninth straight increase moves federal funds rate's target range from 4.75% to 5%

Despite banking insecurity, Fed raises benchmark rate by 25 basis points

Ninth straight increase moves federal funds rate's target range from 4.75% to 5%

Despite a new wave of turbulence within the U.S. banking sector, the Federal Reserve elected to go a...

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