Fed Approves Third Straight Massive Rate Hike

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Fed Approves Third-Straight Massive Rate Hike

Published : 21-09-2022 - Duration : 01:31 - View : 767

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Fed Approves , Third-Straight , Massive Rate Hike.On September 21, the Federal Reserve made history by approving a third consecutive 75-basis-point hike.CNN reports that the aggressive move is meant to tackle out-of-control inflation that has been decimating America's economy.The massive hike takes the central bank's lending rate to a new target ra...

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Fed Approves Third-Straight Massive Rate Hike