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US Federal Reserve hikes interest rates by 75 basis points

Published: June 18, 2022

The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move sinc

Source: sierraleonetimes.com

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United StatesJerome PowellEsther GeorgeMarket CommitteeFederal ReserveFederal Reserve Chairman Jerome PowellFederal Open Market CommitteeKansas City Fed President Esther GeorgeUnited States NewsInce 1994Federal ReserveThe CentralRate HikePercentage Point