/ / Fed delivers big rate hike, signals possible smaller increases ahead

Fed delivers big rate hike, signals possible smaller increases ahead

Edit
The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 years, but signaled future increases in borrowing costs could be made in smaller steps to account for the "cumulative tightening of monetary policy" it has enacted so far.

from Times of India https://ift.tt/I8Wsdwi
https://ift.tt/3eiDTfm The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 years, but signaled future increases in borrowing costs could be made in smaller steps to account for the "cumulative tightening of monetary policy" it has enacted so far.

About A Z

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

0 Comments :

Post a Comment

Please do not post the SPAM comment.

Subscribe to: Post Comments ( Atom )