Still hot U.S. economy drives Fed back to rate hikes after brief pause

News Godzilla
Copyright 2021 novcog.com news network We rock so you don''t have to.


Still hot U.S. economy drives Fed back to rate hikes after brief pause Still hot U.S. economy drives Fed back to rate hikes after brief pause

Even after a report released earlier this month found U.S. inflation in June had dropped to 3%, the lowest annual rate in over two years, the Federal Reserve announced a .25% hike to its benchmark lending rate on Wednesday, its 11th rate increase since March 2022. Following a decision at its June meeting to take […] The post Still hot U.S. economy drives Fed back to rate hikes after brief pause..
previous post