Fed Raises Key Rate But Hints It May Pause


The Federal Reserve reinforced its fight against high inflation by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause its streak of 10 rate hikes, which have made borrowing for consumers and businesses steadily more expensive. (3 May 2023)

      
AP https://ift.tt/QuDrjYo Raises Key Rate But Hints It May Pause https://ift.tt/0zeyhAF May 04, 2023 at 12:36AM USATODAY - Nation Top Stories https://ift.tt/9Q3rTHO

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