The US Federal Reserve raised the key rate for the third time in a year
[ad_1]
On May 3, the US Federal Open Market Committee expectedly raised the key rate by 0.25 percentage points, to a range of 5-5.25%. This is the highest value since 2006. Since the beginning of 2023, the indicator has increased by 75 percentage points: in March and February, the rate was raised twice by 25 percentage points. This increase may be the last in the current cycle of monetary tightening – in its statement, the regulator abandoned the previous signal about the need for further increases rates.
Read more about the decision of the US Federal Reserve in material Kommersant “The Fed touched the ceiling”.
[ad_2]
Source link
