Fed Rate

Federal Reserve Bank Hikes Interest Rate by 25 Basic Points Today

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By Admin     03 May 2023

Fed Rate

Federal Reserve Bank of America is the central bank of the United States.

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What is Fed Rate

Federal reserve bank of America, interest that central bank set this interest rate for banks in USA for borrowing money from American Central Bank

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Federal reserve Bank

This is the central bank of the US, It conducts the monetary policy of United States America

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Inflation Rate

The Federal Reserve raised the target range for its benchmark interest rate by 0.25%

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Federal Monetary Policy

Currently the inflation rate in America has touched 4%. In such a situation, it was necessary for the Federal Bank to bring changes in the monetary policy

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Federal Monetary Policy

The committee seeks to achieve maximum employment and inflation at 2% in the long time

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Fed Rate Hikes Interest Rate

The rate hike brings the Fed's policy rate, the federal funds rate, to a new range of 5% and 5.25%, the highest since Sep 2007

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Why  fed rate hiked

With an increase in the Fed Rate, bank loan interest rate also increase. It is a tool to control inflation.

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Why  fed rate hiked

Due to increase in interest on loan installments, repayment also become expensive. This is done by reducing the cash money in the market

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