Fed Raises U.S. Interest Rates Again, Now At 22-Year High ...Middle East

Stocks closed mixed as the U.S. Federal Reserve raised interest rates again today – hike no. 11 since March of 2022, as the central bank tries to stamp down record inflation. Federal Reserve Chairman Jerome Powell said at a press conference today after the 25 basis-point (0.25%) increase, that one positive CPI reading, in June, […]

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