{"id":171606,"date":"2022-03-16T14:14:23","date_gmt":"2022-03-16T18:14:23","guid":{"rendered":"https:\/\/breaking911.com\/?p=171606"},"modified":"2022-03-16T14:32:45","modified_gmt":"2022-03-16T18:32:45","slug":"breaking-fed-raises-interest-rates","status":"publish","type":"post","link":"https:\/\/breaking911.com\/breaking-fed-raises-interest-rates\/","title":{"rendered":"Fed Raises Interest Rates"},"content":{"rendered":"

The U.S. Federal Reserve says they will raise interest rates for the first time in over three years.<\/p>\n

The announcement, made Wednesday, is meant to tamp-down surging inflation under the Biden administration. The Fed will hike rates by a quarter point.<\/p>\n

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The Fed just approved its first interest rate increase in more than 3 years. Here's what you need to know. https:\/\/t.co\/nLDn6Hhbyv<\/a><\/p>\n

— CNBC (@CNBC) March 16, 2022<\/a><\/p><\/blockquote>\n