News - Federal Reserve raises key interest rate again by 0.25 percent

By Ted Maas

Federal Reserve raises key interest rate again by 0.25 percent

World Economy

The US Federal Reserve Bank (Fed) is raising interest rates again by 0.25 percent to a total of 5.25 percent. This is the third interest rate decision this year.

The Fed is keeping its tight monetary policy unchanged and once again tightening the interest rate screw: The U.S. central bank is raising interest rates by another 25 basis points to 5.25 percent. Something the vast majority of market analysts expected in advance. The U.S. monetary watchdogs just announced this in a press release disclosed.

The US central bank thus consistently continues its policy of tightening in its third major interest rate decision this year. Despite falling inflation of 5.0 percent in the month of March and another U.S. bank failure the week before, U.S. Federal Reserve head Jerome Powell is sticking to the tight monetary policy of the past 16 months.

News from the U.S. central bank have always een effect on the crypto sector. At 20:30 (CET), Jerome Powell traditionally takes questions from journalists. You can watch the press conference look back at the official YouTube channel of the Federal Reserve.

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