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Fed Set To Extend Inflation Fight With 7th Rate Hike Of 2022
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The video discusses the 7th interest rate hike of 2022, which is smaller than the previous four hikes. It highlights a recent report showing a decrease in inflation, with prices rising 7.1% in November, the lowest since last December. Despite this, Fed Chair Jerome Powell is expected to announce more hikes next year to control inflation.
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