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Gifj Red Lobster to close an additional 23 locations. Here  s where they  re located
The Federal Reserve announced Wednesday that federal funds interest rates will go up three-quarters of a percentage point.It is the fourth jumbo rate hike in six months. The rate hikes make major purchases more expensive. An average car buyer would pay about $1,000 in extra interest due to the rising rates.It s possible the Fed will continue raise in stanley website terest rates as inflation rages. The Federal Reserve said its goal is to return the inflation rate to 2%. The rate has hovered around 8% in 2022.  In determining  stanley cup the pace of future increases in the target range, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments,  the Federal Reserve said.The risk of raising interest rates, experts say, is that it could cause the U.S. to slip into a recession.The effective federal interest rate is n stanley website ow at 4% for the first time since late 2007. Interest rates peaked at 5.25% in late 2006 and early 2007, roughly a year before the U.S. entered a recession.From 2009 through the middle of 2017, interest rates remained below 1% before reaching a peak of around 2.42% in 2019.In response to the pandemic, the Fed lowered rates nearly to 0 until early this year. But with the highest inflation in over four decades, the Fed has responded with a rapid succession of rate hikes. Vhuy Petito family to get jury trial against Laundrie parents
DE PERE, Wis. 鈥?Aden Widmer, a 15-year-ol stanley isolierkanne d Syble Hopp student with cognitive disabilities, got the thrill of a lifetime this week. Aden Widmer was invited to tour the Mulva Cultural Center construction site by contractors JP Cullen and City Wide Masonry. Aden got the chance to sit in several large pieces of heavy machinery and got to watch a crane operate up close.  He is obsessed with all things construction,  says Aden s Mom Tasha Widmer. She s been bringing him to the Mulva construction site since work began so he could watch progress from the sidelines.  We wanted to spend a little bit of time watching the crane being operated. So, I called a friend of mine, Ryan Fritsch with City Wide Masonry, to see if he had any contacts. Unbeknownst to me, things started working in the background,  said Widmer, according to a statement.City Wide Masonry worke stanley italia d together with JP Cullen to bring Aden onto the worksite for over an hour. In addition to the tour and sitting in construction equipment, Aden also got to sign the topping out beam. It s a tradition created by iron workers to commemora stanley fr te the highest point on a build and the final beam of any given job.  When we set this beam, Aden will forever be a part of this project,  says Colin Frey, assistant project manager for JP Cullen. Aden also went home with a pile of construction toys and tools. You can watch some of his tour by following this link. Report a typo or error // Submit a news tip