Why the Fed Raised Interest Rates
Analysts said the move could lift US Treasury yields, pressure Singapore bond prices and raise borrowing costs for households and businesses.
4 Articles
4 Articles
Why the Fed Raised Interest Rates
For the first time in three years, the Fed voted to raise interest rates. On the latest Big Take podcast: the economic forces behind the move. -------- Like this video? Subscribe Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets…
The US Federal Reserve (Fed) raised its key interest rate by 0.25 percentage points (p. b.) to a range of 3.75-4.00 percent on Wednesday (September 16), the first time since July 2023. The Fed's unanimous decision indicated that the bank retains its independence from political influences even after the change in leadership. Growing inflation risks and tensions in the Middle East also increase the likelihood of further tightening of monetary poli…
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