Fed escalates its inflation fight with another big rate hike ...Middle East

Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession.

Hence then, the article about fed escalates its inflation fight with another big rate hike was published today ( Wednesday 21/09/2022 - 09:24 PM ) and is available on Los Angeles Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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