US Fed eases rate with 8th straight hike

WASHINGTON, 2 Feb 2023: The US Federal Reserve yesterday announced the eighth consecutive increase in its benchmark interest rate, although the 25-basis-point hike marked its least aggressive move since March …!d

US Fed slows rate hike to 50 basis points

WASHINGTON, 15 Dec 2022: The US Federal Reserve took further action yesterday to tackle high inflation, although it opted for a slightly less aggressive 50-basis-point hike in its benchmark interest …