US Central Bank raises rates - ABC News & Headlines – Australian Broadcasting Corporation
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The US central bank has done something it last did in July 2023 - raised interest rates.
The US central bank has done something it last did in July 2023 - raised interest rates.
The Federal Reserve hiked its benchmark rate a quarter of a percentage point to 3.75-four percent.
The Fed's decision was unanimous and provoked an angry reaction from Donald Trump who said the board was hostile and the US interest rate should be one percent or less.
The Fed's decision provoked an angry reaction from Donald Trump who said the board was hostile - and the US interest rate should be one percent or less. (Reuters: Jonathan Ernst)
Original Source
https://www.abc.net.au/listen/programs/pm/us-central-bank-raises-rates/107166030
