Fed Enacts its Second Consecutive Interest Rate at 0.75%
Just in the middle of this week, the Federal Reserve had enacted an interest rate at 0.75 percentage points. This is the second consecutive time that Fed revised rates, this can be a step to do away with runaway inflation, by not creating a recession. This has taken the benchmark almost overnight, with the borrowing rate that is up to a range of 2.25% to 2.5%. The months of June… Read More »Fed Enacts its Second Consecutive Interest Rate at 0.75%