US Fed hikes interest rate amid high inflation{br} https://ift.tt/oM0V8jO

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected its policy rate would hit a range between 1.75% and 2% by year's end in a newly aggressive stance against inflation that will push borrowing costs to restrictive levels in 2023.

from Times of India https://ift.tt/eHsMzk4