The Fed pauses its rate-hiking campaign, announcing no new increase | CNN Business

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 55%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Federal Reserve pauses historic rate-hiking campaign to see how the economy responds. It's raised interest rates 10 times straight since March 2022.

Since March 2022, Fed officials have raised the central bank’s benchmark interest rate 10 times in a row in an attempt to cool the US economy and battle inflation that is still double the Fed’s target.

Fed officials have voted to increase the central bank’s benchmark interest rate 10 times in a row since March 2022 in an attempt to cool the US economy and battle inflation that is still more than double the Fed’s target. This story is developing and will be updated.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 393. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines