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Senate Banking Committee Hears Testimony From Jerome Powell
FILE PHOTO: WASHINGTON, DC - JANUARY 11: Federal Reserve Board Chairman Jerome Powell listens during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, January 11, 2022 in Washington, DC. (Photo by Brendan Smialowski-Pool/Getty Images)
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As Fed Meets, Investor Angst Over Rate Hikes Spooks Markets

With high inflation squeezing consumers and businesses, the Fed is expected to signal that it will raise its benchmark short-term interest rate in March.

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