Federal Reserve Raises Fed Funds Rate by 25 Basis Points

This latest move by the U.S. central bank brings the targeted range for its benchmark fed funds rate to 5%-5.25%.

Source: https://www.coindesk.com/business/2023/05/03/federal-reserve-raises-fed-funds-rate-by-25-basis-points/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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