Federal Reserve resumes rate hikes at FOMC meeting, bringing federal funds rate to 22-year high
The Federal Reserve has escalated interest rates to a range of 5.25 to 5.5%, marking the highest level since 2001. This action is part of its strategy to reduce the target inflation rate to 2%. At the press conference following the meeting, Jerome Powell, the Chair of the Federal Reserve,…
#federalreserve #jeromepowell #fomc #cryptoslate
