US interest rates increased despite worst banking turmoil since 2008

Credit: Sky News- Published on March 22, 2023
The Federal Reserve - the US central bank, known as the Fed - has increased interest rates for the ninth time in a row.

Video credit: Oneindia
Published on March 23, 2023 -  02:30
US Federal Reserve raises interest rates a quarter-point amid banking turmoil | Oneindia News
Despite the string of bank failures in the U.S, the US central bank has raised interest rates again, despite fears that the move could add to financial turmoil. The Federal Reserve increased its key rate by 0.25 percentage points, calling the banking system "sound and resilient". #USFederalReserve #InterestRates #USBanksFailure

You are here


๐Ÿ’ก newsR Knowledge: Other News Mentions


Related videos from verified sources

Trump says failed banks could have saved themselves if interest rates werenโ€™t so high 00:40
Credit: Rumble - Published on March 29, 2023 


Hindenburg Research report says ex-Twitter CEO Jack Dorseyโ€™s Block facilitates fraud | Oneindia News 02:21
Credit: Oneindia - Published on March 23, 2023 


Yellen, Dems Blame $6 Trillion Printed For High Inflation, Interest Rates That Killed Banks 00:36
Credit: Rumble - Published on March 17, 2023 


You might like