US Fed raises interest rates by 75 bps in face of inflation

Wed, 21 Sep 2022 - 06:47 GMT

This is the third time in a row for Fed to raise interest rates against the background of its struggle with the US soaring inflation due to the Ukraine crisis and its impacts on world economies.

US Federal Reserve raises key interest rate to 1.75-2%

Wed, 13 Jun 2018 - 10:00 GMT

The US Federal Reserve raised the benchmark lending rate, the second increase of the year, and signaled two more hikes were coming in 2018 and four in 2019

Dollar dumped, bonds buoyant on Fed inflation caution

Thu, 23 Nov 2017 - 08:23 GMT

The dollar was on the defensive Thursday after suffering its worst drubbing in five months.