Fed Raises Rates by 75 Basis Points in Largest Hike Since 1994 in Effort to Crush Inflation

The Federal Reserve raised its benchmark interest rate by 75 basis points to 1.50-1.75%, the third hike in the ongoing tightening cycle aimed at cooling rising inflationary pressures.

No votes yet.
Please wait...

0 Comments

Leave a Reply

en English
X

Login

Login to your account

or login with