Gravitas: US Fed announces highest interest hike since 1994
Edited By WION Video Desk
Published: Jun 17, 2022, 02:05 IST | Updated: Jun 17, 2022, 02:05 IST
The Federal Reserve announced a 75 basis point interest rate hike, their highest since 1994. How did markets react to this announcement? Will it be enough to tackle inflation and prevent a recession? Palki Sharma tells you.
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