Published 11 months ago

Fed set to raise rates by 0.75 percentage points for fourth time in a row

Summary by Ground News

US interest rates now stand at3.75% to 4% up from 3% to 3.25% since the last increase in September. The rate had been 0% at the beginning of this year but the Fed has progressively increased the figure across five announcements. Not since the early 1980s has the Fed embarked on such an aggressive monetary-tightening campaign.

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The Washington Post

Fed hikes interest rates again, up 0.75 percentage points

Recession risks are growing, but the Federal Reserve is sticking with aggressive interest rate increases for now.

11 months ago

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CNBC

Here's What the Fed's Interest Rate Hike Means for You

Here’s how your mortgage, credit card, car loan, student debt and savings could be affected by the latest major Fed rate hike.

11 months ago·United States

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Sky News UK

US interest rates see fourth 0.75 percentage point rise to tackle inflation

America is to continue its aggressive monetary tightening campaign to tackle inflation driving cost of living concerns, with economic hardship likely to result.

11 months ago·United Kingdom

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Publico

Fed raises interest rates again by 0.75 points, but opens the door to a slowdown

The North American monetary authority raised the reference interest rate again, which is now in the range between 3.75% and 4%.

11 months ago·Portugal

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Svenska Dagbladet

Fed raises interest rate by 0.75 percentage points

Fedchefen Jay Powell höjde som förväntat räntan med 0,75 procentenheter. Samtidigt signalerade centralbanken att den kanske blir försiktigare med höjningar framöver. Något som fick de amerikanska börserna att stiga.

11 months ago

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