US Fed raises interest rates as inflation weighs on economy
The US Federal Reserve hiked interest rates by 25bps, the first increase in three years, as soaring inflation continues to pressure the economy ahead of crucial midterm elections.
Al Jazeera Africa
Al Jazeera Africa · 56m ago · 1 min read
The 25bps hike is the first raise in three years and comes ahead of critical midterm elections in the US.
#USInflation#FederalReserve#InterestRates
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