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United States: the Fed raises its key rate again sharply by 0.75 points

2022-09-21T18:15:26.398Z


This is the third consecutive rise of this level. The US central bank (Fed) announced on Wednesday a three-quarter point increase in its rates, and “anticipates that additional increases will be necessary” , in the face of inflation that is still high and difficult to control. Read alsoThe New York Stock Exchange opens higher before the Fed's decision This is the third consecutive rise of this level, with rates now hovering in a range between 3


The US central bank (Fed) announced on Wednesday a three-quarter point increase in its rates, and

“anticipates that additional increases will be necessary”

, in the face of inflation that is still high and difficult to control.

Read alsoThe New York Stock Exchange opens higher before the Fed's decision

This is the third consecutive rise of this level, with rates now hovering in a range between 3% and 3.25%, while inflation is now expected at 5.4% this year against 5.2 % hitherto expected.

The Fed now anticipates almost zero growth for 2022 (+0.2%) against 1.7% forecast in June.

Source: lefigaro

All business articles on 2022-09-21

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