US Federal Reserve Hikes Rates By 75 Basis Points: Key Takeaways

PUBLISHED ON: June 16, 2022 | Duration: 2 min, 37 sec

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Despite the shadow of a recession hanging over the United States, the Federal Reserve announced a 0.75 percentage-point increase in interest rates, the biggest since 1994, to tackle a red-hot and soaring US inflation, NDTV's Parmeshwar Bawa explains.
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