US Fed hikes interest rate amid high inflation

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected its policy rate would hit a range between 1.75% and 2% by year's end in a newly aggressive stance against inflation that will push borrowing costs to restrictive levels in 2023.

from Times of India https://ift.tt/eHsMzk4
https://ift.tt/oM0V8jO

Comments

Popular posts from this blog

Singer Bhavatharini, Ilaiyaraaja's daughter, dies of stomach cancer

UK Attorney General to review sentence in teen's murder case

Riteish-Genelia share hilarious dance video