The US Federal Reserve (Fed) increased interest rates by 50 basis points, with the highest rate hike in recent years.
The Fed, which made such a high rate hike for the first time since 2000, announced that it would tighten its monetary policy to combat rising inflation.
In the statement made in the interest rate decision, it was stated that there is a risk of further inflation due to the problems that may be experienced on the supply side due to the restrictions taken in China due to Covid, the Russian invasion of Ukraine.
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