View RSS Feed

TheNews

Federal Reserve Raises Interest Rates By The Most Since 1994

Rate this Entry
by , 06-16-2022 at 05:52 AM (249 Views)
      
   
Name:  eurusd-m30-acy-securities-pty.png
Views: 96
Size:  18.5 KB

In an effort to combat elevated inflation, the Federal Reserve on Wednesday announced the biggest increase in interest rates in almost thirty years. The Fed revealed that it has decided to raise the target rate for the federal funds rate by 75 basis points to 1.50 to 1.75 percent, marking the biggest rate hike since 1994.

more...

Submit "Federal Reserve Raises Interest Rates By The Most Since 1994" to Google Submit "Federal Reserve Raises Interest Rates By The Most Since 1994" to del.icio.us Submit "Federal Reserve Raises Interest Rates By The Most Since 1994" to Digg Submit "Federal Reserve Raises Interest Rates By The Most Since 1994" to reddit

Categories
Uncategorized

Comments