US Fed hikes interest rate by 0.25% after more than 3 years and signals more hikes ahead
The Federal Reserve raised interest rates on Wednesday for the first time since 2018. To control the 40-year high inflation level in the US, the US Fed announced an interest rate hike in its meeting on March 16. The US Fed decided to increase the interest rate by 25 basis points (0.25%) and Fed Chairman … Read more