Dollar Soars, Cryptocurrencies Plunge and Growth Stocks Plunge As Fed-Fortune Signals Prices Rise

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Dollar rises, crypto stocks fall and growth rates as the Federal Reserve raises FortuneFed rates at near-zero rates, and expects two rate hikes by the end of 2023. Jerome Powell takes a longer look. The New York TimesPowell Surprise Beginning of the Fed’s treacherous decline Bloomberg – The Fed sticks to its monetary path – but inflation looms Full coverage of Washington PostView on Google News.

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