U.S. Federal Reserve hikes by 25 basis points to 4.75%-5%: Read the official statement

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U.S. Federal Reserve hikes by 25 basis points to 4.75%-5%: Read the official statement
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The Federal Reserve said the \u0022U.S. banking system is sound and resilient\u0022 as it increased interest rates by 25 basis points. Read more here.

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