Published: Jul 27, 2023, 02:50 IST | Updated: Jul 27, 2023, 02:50 IST
World Jul 27, 2023, 02:50 IST
US Fed resumes rate hikes, hints at hike in September | World News | WION
This is a move which will have a long term impact on the economy - the US Fed has raised its interest rates by 0.25% points to 5.5% and that is the highest interest levels in the last 22 years.