U.S. Federal Reserve delivers another big rate hike: Read the official statement

المملكة العربية السعودية أخبار أخبار

U.S. Federal Reserve delivers another big rate hike: Read the official statement
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين
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Read the U.S. Federal Reserve\u0027s officials after it raised interest rate by 75 bps to fight inflation

Russia’s war against Ukraine is causing tremendous human and economic hardship. The war and related events are creating additional upward pressure on inflation and are weighing on global economic activity. The Committee is highly attentive to inflation risks.

The Committee seeks to achieve maximum employment and inflation at the rate of 2 per cent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 per cent. The Committee anticipates that ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 per cent over time.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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