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US Fed hikes rates by half percentage point, biggest jump in 22 years

May 05, 2022 2:08 AM

It will start trimming its bond holdings in June, as a further step in the battle to lower inflation.

Source : https://www.straitstimes.com/business/economy/us-fed-hikes-rates-by-half-percentage-point-biggest-jump-in-22-years

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