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Inflation remains elevated – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 21 Sep 2022 19:00:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Inflation remains elevated – DIGIT INFO https://www.digit.info 32 32 Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation https://www.digit.info/federal-reserve-hikes-benchmark-bank-rate-by-75bps-to-battle-elevated-inflation/ Wed, 21 Sep 2022 19:00:19 +0000 https://www.digit.info/2022/09/21/federal-reserve-hikes-benchmark-bank-rate-by-75bps-to-battle-elevated-inflation/ Read more]]> The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week that showed U.S. inflation jumped last month by 8.3% per annum. Fed Raises Federal Funds Rate by 75bps anticipates ‘Ongoing Increases’ On September 21, […]

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Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’ https://www.digit.info/fed-hikes-benchmark-bank-rate-by-75-bps-elizabeth-warren-says-central-bank-could-trigger-a-devastating-recession/ Wed, 27 Jul 2022 18:39:36 +0000 https://www.digit.info/2022/07/27/fed-hikes-benchmark-bank-rate-by-75-bps-elizabeth-warren-says-central-bank-could-trigger-a-devastating-recession/ Read more]]> Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could 'Trigger a Devastating Recession'On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central bank’s third rate increase after increasing the benchmark rate by 50 bps last March. Fed Hikes Rate by 75 bps for […]

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