US Fed hikes interest rates by 25 basis points
newscatcher
2023-05-04 01:36
US Fed hikes interest rates by 25 basis points
08:46 UTC+8, 2023-05-04        The US Federal Reserve raised the target range for the federal funds rate by 25 basis points to 5-5.25 percent, saying that the Fed "remains highly attentive to inflation risks."   08:46 UTC+8, 2023-05-04        The US Federal Reserve on Wednesday raised the target range for the federal funds rate by 25 basis points to 5-5.25 percent, saying that the Fed "remains highly attentive to inflation risks." As the tenth hike since March 2022, the continuous tightening of monetary policy is in line with market expectations.

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