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The Fed makes history with a fourth straight three-quarter-point rate hike

Por: CNN Business November 02, 2022

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Washington, D.C. CNN  —  The Federal Reserve of three-quarters of a percentage point on Wednesday as part of its aggressive battle to bring down the white-hot inflation that is plaguing the US economy. The supersized hike brings the central bank’s benchmark lending rate to a new target range of 3.75% to 4%. That’s the highest the fed funds rate has been since January 2008. Wednesday’s decision, which comes at the end of a two-day... + full article



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