The Federal Reserve announced a 50 basis point increase in interest rates and reduced its balance sheet from June-瞭望新时代网-瞭望时代，放眼世界

The Federal Reserve announced a 50 basis point increase in interest rates and reduced its balance sheet from June

2022-05-05

On the 4th, the Federal Reserve announced a 50 basis point increase in interest rates, raising the target range of the federal funds rate to between 0.75% and 1%. This is the first time that the rate hike has reached 50 basis points since 2000, indicating the urgency of the Federal Reserve to tighten monetary policy. At the same time, the Federal Reserve announced that it would reduce its balance sheet by nearly $9 trillion from June 1 to match interest rate hikes and curb soaring inflation. (on May 4, Powell, interim chairman of the Federal Reserve, attended a press conference in Washington, D.C.) (Xinhua News Agency)

Edit：Huang Huiqun Responsible editor：Huang Tianxin

Source：xinhuanet

Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email：lwxsd@liaowanghn.com

Return to home page Return to list