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The Fed hiked interest rates yesterday. Now what?

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Federal Reserve Chairman Jerome Powell speaking Wednesday.

Federal Reserve Chairman Jerome Powell speaks Wednesday after the central bank decided to hike interest rates by half a percentage point. "It is essential that we bring inflation down," he said. Win McNamee/Getty Images

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Segments From this episode

U.S. authorities extend work permits for hundreds of thousands of immigrants

by Lily Jamali May 5, 2022
The move is intended to ease a massive backlog at U.S. Citizenship and Immigration Services, but not every applicant is eligible.

Funds that help low-income people pay for abortions are seeing a sharp uptick in donations

by Samantha Fields May 5, 2022
One fund raised more in the 36 hours after the SCOTUS decision leaked than it had in 3 years.

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