The U.S. Federal Reserve Board Wednesday announced another increase to the federal funds rate, inching the target range up to 5% to 5.25%, an increase of a quarter of a point.
Wednesday’s announcement is the tenth rate hike since March 2022.
Fed hikes interest rates for 10th time
| Source: | The Center Square |
| Published: | May 4, 2023 |
| Author: | Casey Harper |
| Post Date: | 2023-05-04 23:13:52 by Charles_Byrd |
| Views: | 328 |