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Federal Reserve Chairman Jerome Powell walks between meetings with senators on Capitol Hill on Oct. 6 in Washington, D.C. The Fed kept its interest rates near zero at the end of its policy meeting on Wednesday and announced a plan to start removing some of the support it's providing to the economy.

Inflation is at a 30-year high. Here's how the Federal Reserve plans to deal with it

The Fed left interest rates near zero on Wednesday but announced plans to start removing some of the support it has provided to the economy as inflation hits its highest point in 30 years.

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By:
  • Scott Horsley