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Fed Matches Year Of Hot Inflation With Feverish Rate Hikes

Traders work on the floor at the New York Stock Exchange as the Federal Reserve chairman Jerome Powell speaks after announcing a rate increase in New York on Nov. 2, 2022. The Federal Reserve is close to closing its most aggressive year of interest rate increases in at least three decades and Wall Street expects markets and the economy to feel the impact through 2023. AP file photo

NEW YORK — Wall Street expects the impact of the Federal Reserve’s most aggressive year of interest rate hikes in at least three decades to…

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