Fed rate hike risks worsening China’s economic divide
The US Federal Reserve raised interest rates for the first time in three years in an effort to quell inflation partly caused by the war on Iran helping to drive up fuel prices.
Policymakers voted unanimously on Wednesday to lift rates by 25 basis points to between 3.75 and 4.00 per cent.
Sixteen of 18 committee members also said that they anticipate another rate hike this year.
The increase will help inflation make a “timelier return” to a 2 per cent target, according to a statement, as new Fed...
此摘要由5News从媒体的公开信息源汇聚而成。 包含完整背景的全文在www.scmp.com — 内容归South China Morning Post - Business所有。
