23 min
Fed takes aggressive stance against inflation Market Matters
-
- Business News
The Federal Reserve hiked policy rates by 75bps at its June meeting to try and push back against the inflation weighing on the US economy. With more rate hikes ahead, risks are increasing of a sharp slowdown in growth in the US and a drag on activity in the UAE and the broader GCC.
See omnystudio.com/listener for privacy information.
Hosted on Acast. See acast.com/privacy for more information.
The Federal Reserve hiked policy rates by 75bps at its June meeting to try and push back against the inflation weighing on the US economy. With more rate hikes ahead, risks are increasing of a sharp slowdown in growth in the US and a drag on activity in the UAE and the broader GCC.
See omnystudio.com/listener for privacy information.
Hosted on Acast. See acast.com/privacy for more information.
23 min