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US Federal Reserve raises interest rates by 25 bps to 3.75%-4%, first hike in over three years
The Federal Reserve unanimously voted on Wednesday to increase interest rates from 3.5%-3.75% to 3.75%-4%, marking the first rate hike in more than three years. Fed Chair Kevin Warsh stated the decision was "responsible" due to persistently high inflation, which has been above target for over five years. Major US banks including JP Morgan, KeyCorp, and BNY responded by raising their prime lending rates to 7% from 6.75%.
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Source：BBC世界新闻 · Source Link
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