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الاقتصادية
Fed hikes interest rates to 3.75-4 percent
The U.S. Federal Reserve raised interest rates by 25 basis points, bringing the range to 3.75% to 4%, in line with market expectations. This move comes amid ongoing inflation above the target of 2%, with energy prices rising above $100 per barrel, as oil prices increased to $107.45 for Brent and $103.87 for WTI. The hike occurred despite signs of economic growth slowdown, as GDP grew by 1.5% in the second quarter. Data also showed the labor market remains strong, with 162,000 jobs added and wages rising by 3.1% annually, while core inflation remains elevated at 3.4% annually. The rise in energy prices and the persistent risks of inflationary pressures support the possibility of continued tight monetary policy, as the Federal Reserve maintains its stance to combat inflation despite the slowdown in economic growth.
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