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US Federal Reserve raises interest rates by 50 basis points
Updated : 3 years, 6 months ago IST
The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years.
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US: Federal Reserve hikes interest rate by 0.75pc to tackle inflation
Updated : 3 years, 8 months ago IST
Washington [US], September 22 (ANI): The US Federal Reserve for the third time approved an interest rate hike by 0.75 per cent in an aggressive move to tackle the inflation that has been affecting the US economy.
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