JUST IN: Federal Reserve Raises Interest Rates by 75 Basis Points …

The Federal Reserve on Wednesday raised its benchmark interest rates by 75 basis points – or 0.75 percentage point – in its latest battle against Bidenflation. This is the biggest increase since 1994. “Overall economic activity appears to have picked up after edging down in the first quarter,” the Federal Open Market Committee said in…

https://www.thegatewaypundit.com/2022/06/just-federal-reserve-raises-interest-rates-75-basis-points-largest-hike-since-1994/