The Fed gets off to a strong start with a third consecutive rate hike of three quarters of a point |  CNN Business

The Fed gets off to a strong start with a third consecutive rate hike of three quarters of a point | CNN Business

washington d.c. CNN Business — The Federal Reserve made history on Wednesday by approving a third straight 75 basis point hike in an aggressive move to tackle runaway inflation plaguing the US economy. The oversized hike, which was unfathomable to markets just a few months ago, takes the central bank’s benchmark benchmark rate to a …

The Fed gets off to a strong start with a third consecutive rate hike of three quarters of a point | CNN Business Read More »