US Federal Reserve imposes sixth consecutive rate rise - Breaking News

Breaking

Home Top Ad

Responsive Ads Here

Post Top Ad

Responsive Ads Here

Wednesday, November 2, 2022

US Federal Reserve imposes sixth consecutive rate rise

US Federal Reserve Chair Jerome Powell has announced a sixth consecutive interest rate increase, raising the policy by 75 basis points. Mr Powell hinted rate hikes could soon reduce in size but ongoing increases are likely as the Reserve strives to meet its 2 per cent inflation goal. The announcement follows a push from the United Nations encouraging the US to press pause on rate hikes over growing recession fears.

from Latest World News Headlines | Daily Telegraph https://ift.tt/eFAjI6J

No comments:

Post a Comment

Post Bottom Ad

Responsive Ads Here

Pages