The much-anticipated rate hike by the US Federal Reserve was announced on Wednesday, stating a 0.75 percent increase—a hike that the Fed believes would help address the growing inflation situation in the United States of America.
The Fed also promised to slow down its aggressive policy tighteni
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```