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Five ways to prepare for an uncertain 2023 economy For the U.S. economy, 2022 was a wild and somewhat painful year. And 2023 could be even more intense. A year of stubbornly high inflation, rapid interest rate hikes and war-driven energy shock have weakened the U.S. economy. While the job market remains remarkably strong, many…
5 key takeaways from the Federal Reserve’s rate hikes The Federal Reserve ramped up its battle against inflation Wednesday with another large interest rate hike amid griping that the central bank’s efforts will plunge the U.S. into a recession. The Fed boosted its baseline interest rate range by 0.75 percentage points for the fourth…