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3232US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
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Wed, 15 Jun 2022 19:15:10 +0000https://www.digit.info/2022/06/15/us-central-bank-hikes-benchmark-rate-by-75-bps-feds-largest-increase-since-1994/Read more]]>The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by 75 bps, Global Markets See Slight Rebound […]
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by 75 bps, Global Markets See Slight Rebound […]