US hikes interest rates again, how will it impact economy and you?
US Fed raises interest rate by 0.75%.
Interest rate in America between 2.25-2.5%.
Growth of 0.75% for the second time in a row.
Big jump in US after US Fed commentary.
The U.S. Fed's Focus on Inflation.
If inflation does not come under control, then the rates may increase again.
Further rate changes are possible as per the data.
Fed rates now neutral for the U.S economy.
Now there is no effect of recession in America.
Demand situation in U.S, labor market strong.