US Fed hikes rates, signals aggressive stance to fight inflation - Al Jazeera English

The quarter-percentage-point hike is likely the first of many to rein in the highest US inflation in over 40 years.

The US Federal Reserve on Wednesday raised interest rates by a quarter percentage point and signalled that it would raise rates six more times in 2022 in an effort to fight the fastest inflation in 4… [+3304 chars]

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