Wed, 03 May 2023 18:45:06 GMT
United States Federal Reserve hikes rates
The US Fed has just increased its Federal Funds Rate from 5.00% up to 5.25%. The markets expected a 0.25% increase.
The markets reacted to the news with an initial decline of the value of the US Dollar against other financial assets.
Following the rate release, the head of the Federal Reserve Jerome Powell spoke at a press conference at