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Read more about Fed officials signal rates may head to 'restrictive' levels
Fed officials signal rates may head to 'restrictive' levels

By CHRISTOPHER RUGABER WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high. At the same time, many of the policymakers also agreed that after a rapid series of rate increases in the coming months, they could “assess

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