US Federal Reserve hikes interest rates by 75 basis points
english.khabarhub.com · Thu Jun 16 03:15:40 GMT 2022
Jerome Powell, Chairperson of US Federal Reserve Board. (File Photo: AFP/Getty Images)
WASHINGTON: The US Federal Reserve has raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.
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