Fed announces quarter-point hike in key interest rate as it wrestles with inflation, bank failures ...Middle East

The Federal Reserve on Wednesday announced a modest quarter-point increase in its benchmark interest rate, an inflation-fighting hike that was scaled back as the Fed grapples with sudden turmoil in the banking industry.

Hence then, the article about fed announces quarter point hike in key interest rate as it wrestles with inflation bank failures was published today ( Wednesday 22/03/2023 - 09:40 PM ) and is available on Washington Times ( 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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