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Fed Raises Rates By Another Quarter Point, Hints Tightening Cycle Nearing End

Por: RTTNews Business March 22, 2023

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Despite recent turmoil in the banking industry, the Federal Reserve on Wednesday announced that is has decided to continue raising interest rates.The Fed said it has decided to raise the target range for the federal funds rate by another 25 basis points to 4.75 to 4.50 percent.The latest increase matches the rate hike seen in early February, which came after the central bank raised rates by 75 basis points in November and by 50 basis points in... + full article



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