Explainer: Will the US Fed's biggest interest rate hike since 1994 curb inflation and can it affect loans in S'pore? - TODAY


6/16/2022 12:00:00 AM2 years 10 months ago

SINGAPORE — The United States Federal Reserve (US Fed) on Wednesday (June 15) announced its largest interest rate increase since 1994, raising it by 0.75 percentage point.

SINGAPORE The United States Federal Reserve (US Fed) on Wednesday (June 15) announced its largest interest rate increase since 1994, raising it by 0.75 percentage point. This follows a similar move … [+5400 chars]

full article...