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US Federal Reserve Announces Biggest Interest Rate Hike Since 1994
The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points on Wednesday as it battles against surging inflation. The Fed's policy-setting Federal Open Market Committee reaffirmed that it remains "strongly committed to returning inflation to its 2 percent objective" and expects to continue to raise the key rate. About NDTV: NDTV brings you unbiased and comprehensive coverage of news and entertainment programmes in India and abroad. NDTV delivers reliable information across all platforms: TV, Internet and Mobile. Follow us on Social Media: Like us on Facebook: https://ift.tt/AmvQD0q Follow us on Twitter: https://twitter.com/ndtv/ Follow us on Koo: https://ift.tt/wTa5BeG Follow us on Instagram: https://ift.tt/Hhi9nJv Join NDTV on Telegram Messenger: https://ift.tt/A8f14Or Follow us on Google News for Breaking and Latest News Updates: NDTV: https://bit.ly/3e5ngbP NDTV India (Hindi News): https://bit.ly/3mNVwMY Download NDTV Mobile Apps: https://ift.tt/JILAxNe #InterestRates #USFed #NASDAQ

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