For the tenth time since March last year, the US Federal Reserve raised interest rates by 0.25 basis points, in a new attempt to rein in high inflation, which the Federal Reserve is struggling to cut to 2 percent without remarkable success.
The Federal Reserve announced raising the key interest rate by 25 basis points to the range of 5.00 and 5.25 percent, thus continuing interest rate increases since March 2022 and are the most tight in 40 years, at a time when economic analysts raise questions about whether this increase will be the last time that the Federal Reserve raises interest rates, in light of the tendency of the Federal Reserve to temporarily stop its series of increases if inflation and economic growth rates calm down, but fears of lagging behind The United States does not pay its debts cause a lot of anxiety and panic.
Source: (Asharq Al-Awsat Newspaper, Edited)
