Published
The US Federal Reserve has again raised its key interest rate by three quarters of a percentage point -- to 3.75%.
It's the latest in a stream of aggressive rates hikes aimed at bringing inflation under control. US prices are rising at a rate not seen since the 1980s. Fed chairman Jerome Powell says even more rate hikes are likely - and that will take its toll on economic growth.
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#interestrates #usfed #inflation
It's the latest in a stream of aggressive rates hikes aimed at bringing inflation under control. US prices are rising at a rate not seen since the 1980s. Fed chairman Jerome Powell says even more rate hikes are likely - and that will take its toll on economic growth.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
►Twitch: https://www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#interestrates #usfed #inflation
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