US Federal Reserve raises interest rates for the first time since 2023
Fed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.75% to 4%Federal Reserve raises interest rates – liveThe US Federal Reserve voted to raise interest rates on Wednesday for the first time since 2023 as the central bank continues to fight to tamp down inflation.The Fed’s open market committee voted unanimously to raise its benchmark interest rate by a quarter-percentage point to a range of 3.75% to 4%. This is the first time…
Source: www.theguardian.com