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Fed raises interest rates by half-point, the most since 2000The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point. Raising interest rates is like putting your finger in a hole of a sinking boat. Most people can not afford homes and cars which are the leading interest makers. Inflation is already curbing spending, unless your the government, they seem like they have plenty
Source: FOXLA - 🏆 445. / 53 Read more »
Fed raises key interest rate by a half-pointThe increase in the Fed’s key rate raised it to a range of 0.75% to 1%, the highest point since the pandemic struck two years ago.
Source: FOX10News - 🏆 581. / 51 Read more »
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; May Fed Meeting PreviewRates markets are fully pricing in a 50-bps rate hike by the Federal Reserve on Wed. We’ll discuss how markets may react to the rate decision starting at 13:45 EDT/17:45 GMT on Wednesday.
Source: DailyFX - 🏆 305. / 63 Read more »
Fed poised to hike rates by half a percentage point to fight inflationThe Federal Reserve is expected to raise interest rates again Wednesday, this time by half a percentage point, in an aggressive step toward combating the highest inflation in 40 years. And this rate hike will help reduce the inflation rate ... sometime in 2023. Already headed for a recession after Q2 results. Quantatave easing should of been stopped a year earlier
Source: washingtonpost - 🏆 95. / 72 Read more »
Fed raises key rate by a half-point in bid to tame inflationThe Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by an sizable half-percentage point It won't happen, in a world without the real super power Russia vivaPutin longlivePutin If i were in charge i would simply expropriate the assets of the rich Does anyone know what the root of ALL EVIL is?
Source: ABC - 🏆 471. / 51 Read more »