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Soaring inflation intensifies Fed debate over how quickly to raise rates

The question facing Federal Reserve officials ahead of their policy meeting next month is no longer whether they will raise interest rates, but rather by how much.

Another high inflation report on Thursday intensifies debate within the central bank over how to accelerate a series of interest rate hikes this spring to dampen soaring prices and cool the economy, according to the latest. officials’ comments and public interviews.


Wj

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