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Fed Raises Interest Rates By Another Quarter Point, Signals Further Rate Hikes

Por: RTTNews Business February 01, 2023

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The Federal Reserve on Wednesday announced its widely anticipated decision to raise interest rates by another quarter point.After a two-day meeting, the Fed said it has decided to raise the target range for the federal funds rate by 25 basis points to 4.50 to 4.75 percent.The latest interest rate hike comes after the central bank raised rates by 75 basis points in November and by 50 basis points in December.The Fed also said it anticipates... + full article



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