The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 years, but signaled future increases in borrowing costs could be made in smaller steps to account for the "cumulative tightening of monetary policy" it has enacted so far.
November 02, 2022 at 11:35PM
from Times of India
https://ift.tt/0cNSg1n
Fed delivers big rate hike, signals possible smaller increases ahead
Subscribe to:
Post Comments (Atom)
Is chewing food linked with a long and healthy life?
Chewing food thoroughly is crucial for digestion, nutrient absorption, and overall health. While the ideal number of chews varies, aiming fo...
-
Several notable WWE veterans passed away in 2024, including Sika Anoa'i, Francisco Ciatso, Akebono, Ole Anderson, and Virgil. These wres...
-
A potential collision was averted at Delhi's IGIA when an Indian carrier's A320, arriving from Phuket, slowed down and failed to pro...
-
Horoscope Today: Read daily horoscope predictions for December 7, 2024. Know all about the astrological events and influences that will be a...
No comments:
Post a Comment