US Fed delivers small rate hike amid global banking turmoil

Name: US Fed delivers small rate hike amid global banking turmoil
Uploaded: 2023-03-23
Description: The Federal Reserve raised its key interest rate by a quarter-point to combat inflation, while acknowledging that the process of getting inflation back to 2% would be challenging. The Fed is addressing both inflation and financial turmoil simultaneously using separate tools.

The Federal Reserve raised its key interest rate by a quarter-point to combat inflation, while acknowledging that the process of getting inflation back to 2% would be challenging. The Fed is addressing both inflation and financial turmoil simultaneously using separate tools.

23/03/2023 02:50 MYT

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