US Federal Reserve raises interest rates by 75 basis points - RNZ

The United States Federal Reserve has hiked interest rates by 75 basis points, the biggest rise since 1994, as it ramps up its fight against inflation.

The United States Federal Reserve has hiked interest rates by 75 basis points, the biggest rise since 1994. US Federal Reserve Chair Jerome Powell. Photo: AFP / Getty Images The move comes after US… [+3422 chars]

full article...