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US Fed raises rates by quarter point to fight inflation despite banking sector crisis

The Federal Reserve, while announcing the rate hike, said the recent developments in the banking sector “are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation”.

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​ The Federal Reserve, while announcing the rate hike, said the recent developments in the banking sector “are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation”. The Federal Reserve, while announcing the rate hike, said the recent developments in the banking sector “are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation”.  Moneycontrol Latest News Read More  

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