Federal Reserve raises interest rates by 0.25 points
epa10606976 A trader working as US Federal Reserve Chairman Jerome Powell is seen on a television screen on the floor of the New York Stock Exchange during his press conference following the announcement of the Fed?s decision raise interest rates in New York, USA, 03 May 2023. The Federal Reserve raised interest rates by 0.25 points to 5.25 percent, marking the third time hike in 2023 and tenth straight increase in an effort to deal with inflation. EPA/JUSTIN LANE
