Fed takes aggressive stance against inflation

Update: 2022-06-16

Description

The Federal Reserve hiked policy rates by 75bps at its June meeting to try and push back against the inflation weighing on the US economy. With more rate hikes ahead, risks are increasing of a sharp slowdown in growth in the US and a drag on activity in the UAE and the broader GCC.

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Fed takes aggressive stance against inflation

#box-pro-ellipsis-176427368543696{-webkit-line-clamp:2;}Fed takes aggressive stance against inflation

Fed takes aggressive stance against inflation

Fed takes aggressive stance against inflation