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US Fed raises interest rates, leaves door open to another hike
Credit: IndiaTimes- Published on July 26, 2023
The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest US central bank policy rate in 16 years.The rate hike, the Fed's 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range,...
Video credit: Rumble
Published on July 26, 2023 -
LIVE: Jerome Powell FOMC Press Conference | Interest Rates & Economy Update
Welcome to our exclusive YouTube stream of the highly anticipated FOMC (Federal Open Market Committee) Press Conference featuring Jerome Powell, the Chairman of the Federal Reserve. Join us for real-time coverage as he addresses crucial economic matters, including interest rates, monetary policy, and the state of the economy. Stay informed and engaged with this live event as Powell delivers insights that can influence financial markets and impact us all. Don't miss this unique opportunity to gain valuable knowledge straight from the source. Like, subscribe, and share to spread the importance of financial awareness!
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