United States: the Fed raises its rate by three quarters of a point, the largest increase since 1994

United States: the Fed raises its rate by three quarters of a point, the largest increase since 1994

The US central bank now expects inflation to be 5.2% this year, down from 4.3% projected in March, and will therefore make further hikes at upcoming meetings in 2022. The central bank of the United States, surprised by the acceleration of inflation in May, at its highest for more than forty years, raised its key …

United States: the Fed raises its rate by three quarters of a point, the largest increase since 1994 Read More »