Reading Time: 3 minutes The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes are nearing an end. Along with its ninth hike since March 2022, the rate-setting Federal Open Market Committee noted that future increases are not assured and will depend largely on incoming […]
Source: Fed Hikes Interest Rate 0.25 Point to Curb Inflation Despite Banking Turmoil