The US Federal Reserve’s 75 basis points rate hike last week was the most aggressive since 1994. Designed to tackle the USA’s highest inflation rate in 40 years, the Fed is expected to raise by another 50-75 points next month meaning it will have raised rates by 2-2.25% this year. And there’s more to come. …
This story continues at Aggressive Hike
Or just read more coverage at Electronics Weekly