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Home > Chemicals Market Price & Insight > Gasoline Market Price & Analysis > Featured News - Gasoline > The Fed raised rates by 25 basis points and signaled an imminent pause in rate hikes
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The Fed raised rates by 25 basis points and signaled an imminent pause in rate hikes

ECHEMI Info 2023-03-23
The Federal Reserve announced on Wednesday that it would raise interest rates by 25 basis points, but signaled an imminent pause in further rate hikes, and the recent collapse of two U.S. banks sparked turmoil in financial markets.

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