US central bank raises benchmark interest rate by 0.50%
02:29
World
US central bank raises benchmark interest rate by 0.50%
The US Federal Reserve has raised its benchmark interest rate by 0.5 percentage points as part of an effort to bring inflation under control. Joel Griffith from The Heritage Foundation explains why prices are on the rise in the US. #InterestRates #USCentralBank #USFederalReserve
May 5, 2022
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