US Federal Reserve hikes rates, signals aggressive turn against inflation - Shahpur Turk CSC - Common Service Centre in Sonipat US Federal Reserve hikes rates, signals aggressive turn against inflation

17 March 2022

US Federal Reserve hikes rates, signals aggressive turn against inflation

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected its policy rate would hit a range between 1.75% and 2% by year's end in a newly aggressive stance against inflation that will push borrowing costs to restrictive levels in 2023.

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