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Fed, set to impose smaller hike, may hint of fewer increases

by CHRISTOPHER RUGABER AP Economics Writer
| January 30, 2023 7:00 AM

WASHINGTON (AP) — The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording in its post-meeting statement about future rate increases....

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