The US Federal Reserve has left the interest rate unchanged for the first time after March 2022, ending a stream of 10 consecutive hikes to curb inflation.
The US Federal Reserve on Wednesday raised interest rate by 25 basis points, which is modest compared to previous hikes aimed at curbing inflation but came amidst uncertainty about the banking system that has taken a hit in…
The US Federal Reserve has announced another interest hike of three-fourth of a percentage point, the fourth such hike in its continuing efforts to cool the economy and curb inflation.