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Federal Reserve leaves interest rates unchanged despite elevated inflation

by Associated Press

The Fed, led by Chairman Kevin Warsh, raised its benchmark rate last month for the first time in three years.

Federal Reserve leaves interest rates unchanged despite elevated inflation

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The U.S. ranks No. 2 in this index, with a capitalism score of 95, right behind Switzerland. But that score could decline in the coming years, said Scott Miller at UVA's Capitalism and Democracy Lab.

Capitalism and democracy go hand in hand, according to new index

Economyby Kai Ryssdal and Sofia Terenzio

Scott Miller, director of the Democracy and Capitalism Lab at the University of Virginia, discusses the new Global Capitalism Index and how deeply intertwined capitalism is with democracy.

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