FEDERAL RESERVE APPROVES NINTH INCREASE IN INTEREST RATES

The Federal Reserve has approved another quarter-point increase in interest rates but has signaled that financial turmoil may end its rate-hike campaign sooner than anticipated. This is the ninth consecutive increase in interest rates since last year to combat increased inflation. The new benchmark federal-funds rate range is now at 4.75% to 5% the highest […]

FEDERAL RESERVE APPROVES NINTH INCREASE IN INTEREST RATES Read More »