The U.S. Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point – the largest bump since 1994 – and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/u-s-fed-attacks-inflation-with-its-largest-rate-hike-since-1994-1.5948253
U.S. Fed attacks inflation with its largest rate hike since 1994
