Amid the volatility in the financial sector, some lending institutions are suspending investment in certain areas of the economy that they consider as too risky, such as the transportation industry.
Fed Boosts Interest Rates Again, More Hikes Planned
The U.S. Federal Reserve’s Federal Open Market Committee raised interest rates again Wednesday. It's a sign that the Fed believes the economy is in no danger of slowing down, including taking into consideration this week's latest economic reports.
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