WATCH: The Federal Reserve announced it has raised its key federal funds rate by 0.25% as it seeks to keep putting downward pressure on economic growth in its bid to slow inflation.
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State of Our Union: The Federal Reserve cannot save the economy from Biden's White HouseOn its face, the economy seems to be OK again. After an unprecedented glut of spending and a resulting inflation crisis, employment has kept up while investors downgrade their risk of recession.
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