ALJAZ Counting The Cost July 7, 2024
al jazeera. ah, this is al jazeera and these other top stories, the u. s. federal reserve has announced an interest rate rise of note point 75 percent to try to control high inflation, increases the largest almost 3 decades. the fed says the current economic climate is extraordinarily challenging and uncertain. we anticipate that ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and the evolving outlook for the economy. clearly, today's 75 basis point increase is an unusually large one and i do not expect moves of his s...