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Author Topic: Fed raises interest rates to 22-year high as it continues to fight inflation  (Read 116 times)

NadiaWits

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Fed raises interest rates to 22-year high as it continues to fight inflation

US economy remains robust despite the 11 rate rises the Fed has implemented – its most aggressive rate-rising cycle in 40 yearsThe US Federal Reserve raised interest rates to a 22-year high on Wednesday as it continued its fight against rising inflation.The decision to increase rates by a quarter-percentage point to a range of 5.25% to 5.5% comes after the Fed paused its rate-rising cycle last month. Continue reading...

Source: Fed raises interest rates to 22-year high as it continues to fight inflation



 

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