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Tuesday, July 1, 2025

[Breaking] Fed made another giant steps, raised 0.75%p

Federal Reserve Board Chair Jerome Powell [REUTERS]
The Fed decided another interest rate hikes, by 0.75 percentage points, the sixth increase this year to combat against inflation, and signaled to continue to raise, but possibly in smaller scale.

The Korea Daily Digital Editorial

 

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The Korea Daily Digital Team
The Korea Daily Digital Team
The Korea Daily Digital Team operates the largest Korean-language news platform in the United States, with a core staff of 10 digital journalists and a network of contributing authors based in both Korea and the U.S. The team delivers breaking news, in-depth reporting, and community-focused coverage for readers nationwide.