The US central bank has raised interest rates to the highest level in 22 years as it fights to stabilise prices in the world’s largest economy. The decision lifted the Federal Reserve’s influential benchmark rate to a range of 5.25% … Read more →
The US central bank has pushed interest rates to the highest level in almost 15 years as it fights to rein in soaring prices in the world’s largest economy. The Federal Reserve announced it was raising its key rate by … Read more →
The US Federal Reserve is raising interest rates for the first time since 2018 in an attempt to bring fast-rising prices under control. The US central bank said it was lifting its benchmark rate by 0.25 percentage points and signalled … Read more →