According to the French News Agency, the US federal said in his statement that he will keep raising interest rates until inflation is under control but hinted that it’s possible to slow down the pace in the near future.
stock price changes
The Dow Jones Industrial Index increased by 331. 87 points or 1. 02 percent, reaching a level of 32981. 93 points by 18:06 GMT.
The Standard & Poor’s 500 index rose 31. 03 points or 0. 7 percent to 3877. 66 points, and the Nasdaq index rose by 56.
To 10949, 27 points, or 7 points, or 0.54 percent.
The increase in interest rates by 75 basis points is the fourth consecutive increase in the same amount by the American Federal, which is trying to control high inflation rates with the world’s largest economy..
After the federal government suggested it would slow down interest rates, Wall Street increased.
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