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Fed plans to raise rates as soon as March to cool inflation

The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.


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Trade unions accuse Portland officials of interfering in labor effort

In an unfair labor practice complaint filed late Friday, the District Council of Trade Unions alleges city supervisors polled union members on whether they would support a strike, told new members they could not participate and warned employees they would be denying vacation requests due to the looming walkout.









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