US Fed delivers big rate hike, sees another large move this year

The US Federal Reserve raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% on Wednesday and signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023 to battle continued strong inflation.

from Times of India https://ift.tt/sp3nmkM
https://ift.tt/kphL4DE

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