Seven takeaways from a big day for the Fed.

By raising interest rates a quarter-point, the Federal Reserve signaled that it was continuing to fight inflation, but it was holding off an aggressive move that might spook investors.

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By Jeanna Smialek

Here are a few of the key points from the Federal Reserve’s latest interest rate decision and comments from Jerome H. Powell, the Fed chair, at his post-meeting news conference:

How the Fed’s projections for future interest rates have evolved

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