Fed hikes interest rate by 0.75 percentage points in bid to curb inflation

Name: Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
Uploaded: 2022-07-28T03:12:38Z
Duration: 2 min 11 s
Description: The Federal Reserve raised its benchmark interest rate by 0.75 percentage points, making it the second straight time in its most aggressive drive in three decades to tame high inflation.

The Federal Reserve raised its benchmark interest rate by 0.75 percentage points, making it the second straight time in its most aggressive drive in three decades to tame high inflation.

Posted July 27, 2022 11:12pm EDT