On Wednesday, the US Federal Reserve (Fed) raised rates by 75 basis point, in line with most analysts' forecasts. The rate hike is higher than the 50-basis point hike Fed officials have previously indicated they would go for, but in line with what most market participants estimated after a higher-than-expected inflation report was released last week....
On Wednesday, the US Federal Reserve (Fed) raised rates by 75 basis point, in line with most analysts' forecasts. The rate hike is higher than the 50-basis point hike Fed officials have previously indicated they would go for, but in line with what most market participants estimated after a higher-than-expected inflation report was released last week....
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