Vantage: US Economic Crisis: Fed Set To Hike Interest Rates to 16-Year High
Originally aired: May 3, 2023 #us #fed #inflation
US Economic Crisis: Fed Set To Hike Interest Rates to 16-Year High The U.S. Federal Reserve is set to hike interest rates to the highest level in 16 years in an attempt to curb inflation. The Fed has raised interest rates 9 times this year. As a result, banks have reduced lending, leading to lower demand and an economic slowdown in the U.S. US | Federal Reserve | US Fed | Inflation | US Economy | US Inflation | Fed Hike | Fed Hike
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