The US Federal Reserve has raised interest rates by 0.75 per cent. The rate increase is the fourth this year – and lifts the target rate to between 2.25 and 2.5 per cent. Members of the Federal Reserve voted unanimously in favour of the supersized rate hike – as the central bank tries to tackle rising inflation.
from Latest World News Headlines | Daily Telegraph https://ift.tt/TR8EYau
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Wednesday, July 27, 2022
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Latest World News Headlines | Daily Telegraph
US Federal Reserve raises interest rates by 0.75 per cent
US Federal Reserve raises interest rates by 0.75 per cent
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