Fed Delivers Smaller 50bps Rate Hike
The Federal Reserve raised the fed funds rate by 50bps to 4.25%-4.5% during its last monetary policy meeting of 2022, pushing borrowing costs to the highest level since 2007, and in line with market expectations.
It is a seventh consecutive rate hike, following four straight three-quarter point increases.
Log masuk atau cipta satu akaun percuma selamanya untuk membaca berita ini