interest rates News and Articles

Global economies continues to face challenges of price pressures. To bring inflation back down in the US, the Federal Reserve announced raising interest rates. Chair Jerome Powell said in a public report on Wednesday that the Fed raised its policy rate by 3/4 percentage point, which is the highest...

The US Federal Reserve made a long-awaited announcement on increasing interest rates. The Bank raised the amount of interest by ½ percentage point for the first time in more than two decades. This means that it will become more expensive for people, business operators and governments to borrow...