us fed rate hike, the Federal Reserve raised the interest rate.. the next shock awaits! – us federal reserve hikes interest rate by 75bps again for third time in a row on September 21st 2022

The results of the US Federal Reserve meeting were released yesterday. Accordingly, the Federal Reserve has announced an interest rate hike of 0.75%. As a result, US stock markets fell yesterday.

Interest rates are expected to rise again as inflation rises in the US. Because Federal Reserve Chairman Jerome Powell has already indicated that more focus will be placed on controlling inflation and that he is willing to sacrifice growth in order to reduce inflation.

In this case, yesterday the Federal Reserve raised the interest rate by 0.75%. It is also noteworthy that the Federal Reserve will raise the interest rate for the third time in a row. Apart from this, the Federal Reserve has signaled that interest rate hikes will continue.

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The Federal Reserve has hinted that interest rate hikes will continue until inflation reaches 2%. The Federal Reserve is expected to raise interest rates to 4.4% by the end of this year and to 4.6% in 2023.

In India too, retail inflation rose to 7% last August. The RBI policy meeting will be held in October. The Reserve Bank is also expected to raise interest rates again in this meeting.