TNPSC Thervupettagam

US Fed Interest rate

June 18 , 2022 892 days 734 0
  • The US Federal Reserve raised interest rates by 75 basis points or 0.75 percentage points.
  • This is the biggest hike in 28 years, to stem a surge in inflation, and flagged a slowing economy.

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories