US Fed hikes interest rate 0.75 points, biggest increase since 1994

DarlinG

Active member
US Fed hikes interest rate 0.75 points, biggest increase since 1994 The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of another recession.
 
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