CryptoVibes: Fed Supports 0.5% Rate Hikes In June And July To Combat ‘Very High’ Inflation
All participants at the Federal Reserve’s May 3-4 policy meeting supported a half-percentage-point rate raise to curb inflation they admitted had become a major threat to the economy’s performance and was at risk of shooting higher without action by the U.S. central bank, minutes of the session showed on May 25. This month’s 50-basis-point rise […]
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