Mastodawn

US Fed Reserve raised interest rates again, this time by a quarter % point, hinting it could be final tweak in most aggressive "policy firming" in decades.

https://www.bloomberg.com/news/articles/2023-05-03/fed-raises-rates-by-a-quarter-point-and-hints-at-possible-pause via @ecoomics #Inflation #BankFails

Fed Hikes Rates by Quarter Point, Powell Hints at Possible Pause

The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive tightening campaign since the 1980s as economic risks mount.

Bloomberg