The US Federal Reserve has said it will raise key interest rates by half a percentage point, the largest rate hike since 2000, to fight inflation.
The Fed also said it would start trimming its financial assets, mainly bond holdings, from next month as a further step to curb inflation.
The Fed also said it would start trimming its financial assets, mainly bond holdings, from next month as a further step to curb inflation.
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Summary
U.S. Federal Reserve plans to increase key interest rates by 0.5% - largest hike since 2000, targeting inflation control. Additionally, the Fed will start reducing its financial assets, primarily bond holdings, from next month as an additional measure against inflation. Keywords: U.S. Federal
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ID: 627309bd-f51c-42b4-8393-1143c0a80b98
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220505_07/
Date: May 5, 2022
Created: 2022/05/05 08:18
Updated: 2025/12/09 16:34
Last Read: 2022/05/05 08:18