The U.S. Federal Reserve Biggest Interest Rate Hike in 28 Years
The U.S. Federal Reserve Biggest Interest Rate Hike in 28 Years. ON WEDNESDAY, the U.S. Federal Reserve raised interest rates by 75 basis points or three-quarters of a percentage point. It is the biggest rate hike in 28 years, part of an ongoing effort to bring down soaring inflation that has roiled the economy and … Read more