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January 5, 2023

File - Federal Reserve Chair Jerome Powell speaks during a news conference Wednesday, Dec. 14, 2022, at the Federal Reserve Board Building, in Washington. On Wednesday, the Federal Reserve releases minutes from its December meeting when it raised its benchmark lending rate by a half of a point – its seventh and final increase of the year – in its ongoing battle to bring down stubbornly high inflation. (AP Photo/Jacquelyn Martin, File)