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Monday, June 30, 2025

[BREAKING] Another 0.75 Percentage Point Rate Hikes by Fed

Federal Reserve Board Chair Jerome Powell [REUTERS]
Federal Reserve decided its thrid consecutive rate hikes of 0.75%p lifting the benchmark of federal funds rate to a range between 3% and 3.25%, as a result of combating againt inflation.

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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.