The Fed raises US rates by a quarter point, signaling possible pause
Increase lifted the Fed's benchmark federal funds rate to a target range of 5% to 5.25%
The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive tightening campaign since the 1980s as economic risks mount. “The committee will closely monitor incoming information and assess the implications for monetary policy,’’ the Federal Open Market Committee said in a statement […]
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