The Move the Fed Announced After Its Latest Policy Meeting Will Increase Its Benchmark ... - Latest Tweet by Snopes.com

The move the Fed announced after its latest policy meeting will increase its benchmark short-term rate, which affects many consumer and business loans, to a range of 1.5% to 1.75%.

— The Associated Press https://t.co/LM7InDWJiO— snopes.com (@snopes) June 15, 2022

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