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Learning & News => News related to Crypto => Topic started by: newshunter on May 05, 2022, 07:01:18 PM

Title: Fed hikes interest rates by 50 basis points in effort to combat inflation
Post by: newshunter on May 05, 2022, 07:01:18 PM

Fed hikes interest rates by 50 basis points in effort to combat inflation

The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades.

Source: Fed hikes interest rates by 50 basis points in effort to combat inflation (https://cointelegraph.com/news/fed-hikes-interest-rates-by-50-basis-points-in-effort-to-combat-inflation)

Would appreciate your opinion about this