U.S. Federal Reserve raises key rate by half-point and signals more to come

The U.S. Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing.
Source: ctv business
U.S. Federal Reserve raises key rate by half-point and signals more to come