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Congress Debates Raising Debt Ceiling as Inflation Concerns Rise and Stocks Fall

  • The House of Representatives could vote next week on a deal to raise the debt ceiling.
  • A Federal Reserve official warned that inflation is still far below the Fed's 2% target.
  • U.S. stocks opened lower amid concerns the Federal Reserve may raise interest rates.
  • Target's stock was the worst performer in the S&P 500 today.
  • Live coverage and analysis was provided on the debt ceiling debate, the Fed, and the stock market.
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