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Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more

The U.S. may not be experiencing hyperinflation, but the possibility of prices going out of control seems to concern the Federal Reserve. The Fed raised interest rates by a quarter-point on May 3 — to the highest level in 16 years — pushing the target range for its benchmark from 5% to 5.25%.

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Source: Cryptocurrency - investing.com

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