Fed raises interest rate by 0.25 percentage points – 03/22/2023 – Market

Fed raises interest rate by 0.25 percentage points – 03/22/2023 – Market

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The Fed (Federal Reserve) increased, this Wednesday (22), interest rates in the United States by 0.25 percentage points.

The US central bank’s decision comes after days of turmoil in the US banking sector, which saw the failure of the SVB bank and a US$ 30 billion First Republic support plan.

More information in a moment.

Jerome Powell, Chairman of the Federal Reserve, on Capitol Hill in Washington – Kevin Lamarque – 7.mar.2023/Reuters

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