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The Piney Point

US futures climb after Fed takes a hawkish turn on inflation

US futures climb after Fed takes a hawkish turn on inflation
Photo: KPRC 2 / Click2Houston (NBC) · view original

U.S. futures are pointing to a rebound for markets Thursday following the Federal Reserve’s first interest rate hike in three years. The quarter of a percentage point increase Thursday brings the Fed’s key rate to a target range of 3.75%-4.00% as it attempts to control inflation that’s remained s...

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