U.S. Fed hikes rates in push for 'timelier' drop in inflation

U.S. Fed hikes rates in push for 'timelier' drop in inflation

U.S. Federal Reserve Chair Kevin Warsh says the central bank raised interest rates by a quarter of a percentage point to address inflation, which remains above its 2 per cent target, and flagged further increases in borrowing costs in coming months.Reuters

Original Source

Read the full article at Theglobeandmail →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.