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Home / News / Banking/Savings and Loans / Fed's interest rates dictate economy's direction (8031)

Fed's interest rates dictate economy's direction (8031)

Last year’s Fed interest rate increases were aimed at thwarting the possibility that inflation would balloon out of control. Inflation is an economic condition in which the price of goods rise while their quality remains the same. Economic growth will generally result in moderate inflation. The Fed feared that excessive asset price valuation ...

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