Federal Reserve Hikes Rates Up by 25 Basis Points Despite Banking Turmoil
March 23, 2023 by secret
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[ad_1] Key Takeaways The Federal Reserve has raised rates up by 0.25% Federal interest rates now sit in a range between 4.75% to 5%. The Fed’s decision comes shortly after the second biggest banking failure in U.S. history. Share this article Despite Silicon Valley Bank’s implosion, the Federal Reserve has elected to keep tightening monetary