FED increased interest rate by 75 bps in USA keeping the benchmark rate between 2.25% and 2.5%.
To control inflation rate, FED increased 75 bps during previous meeting and also during current meeting.
In the past 3 months, FED increased interest rate by 150 bps.
Even FED is planning to reduce balance sheet aggressively.
Thursday, July 28, 2022 - 03:29 UTC
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