2021–2022 inflation surge
The United States Federal Reserve announces that it is raising interest rates by 0.5%, which is the largest interest rate hike since 2000, in order to combat growing inflation.
Sources: CNN
Changes
- The United States Federal Reserve announces it is raising interest rates by 0.5% in order to combat growing inflation. It is the first time since 2000 that interest rates have been hiked by such an amount.
- The United States Federal Reserve announces that it is raising interest rates by 0.5%, which is the largest interest rate hike since 2000, in order to combat growing inflation.