US FED reserve set for 11th rate hike
Edited By WION Video Desk
Published: Jul 25, 2023, 05:45 IST | Updated: Jul 25, 2023, 05:45 IST
The financial world is on high alert as the federal reserve gears up for a crucial policy meeting. After a breather in June, the central bank is all but certain to raise interest rates by 0.25% this week, setting the stage for its 11th rate hike in just 18 months. The Fed's two-day policy meeting is set to kick off today, and the central bank is expected to announce its monetary policy decision on Wednesday.
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