Wednesday, 27 July 2022

Fed Raises Rates by 75 Basis Points at July FOMC in Fight to Quell Inflation

The Fed delivers another 75 basis points hike at its July FOMC meeting, bringing the policy rate to 2.25%-2.50%, a sign that the central bank remains committed to restoring price stability.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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