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Federal Reserve Raises Interest Rates to Highest Level in Two Decades

by Evelyn Reynolds 26 July 2023, 19:20 189 Views

new video loaded: Federal Reserve Raises Interest Rates to Highest Level in Two Decades

By The New York Times•July 26, 2023

Jerome H. Powell, the Fed chair, announced that the central bank raised interest rates to a range of 5.25 to 5.5 percent, the highest level since 2001.

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Source: Economy - nytimes.com

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Federal Reserve Raises Interest Rates to Highest Level in Two Decades

Jerome H. Powell, the Fed chair, announced that the central bank raised interest rates to a range of 5.25 to 5.5 percent, the highest level since 2001.

Here’s what the Federal Reserve’s 25 basis point interest rate hike means for your money

Can UBS make the most of finance’s deal of the century?

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