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Newsday: Fed hike signals rough year ahead for Long Island economy

A local economist says inflation, affecting everything from groceries to...
By Jonathan LaMantiajonathan.lamantia@newsday.co @jonlamantia


The Federal Reserve’s more aggressive steps to get inflation under control will create short-term challenges for Long Islanders and local businesses, but are necessary to avoid longer-term pain, local economic and financial experts said Wednesday.   

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