News

Fed delivers small rate hike amid banking turmoil

Published on 23 Mar 2023 12:45:16 PM

The US Federal Reserve on Wednesday (March 22) raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after recent the recent collapse of two U.S. banks.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline