The Federal Reserve approved the largest interest rate increase since 1994 and signaled it would continue lifting rates this year at the most rapid pace in decades as it races to slow the economy and combat inflation that is running at a 40-year high.
Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between 1.5% and 1.75%.
Stocks soared and U.S. government bonds rallied after the Fed’s announcement.
Source: https://www.wsj.com/livecoverage/federal-reserve-meeting-interest-rates-june-2022
IN CHINESE
美国联邦储备委员会15日宣布加息75个基点，将联邦基金利率目标区间上调至1.5%至1.75%之间。这是美联储自1994年以来单次最大幅度的加息。
分析人士认为，随着美联储货币政策进一步转“鹰”，美国股市、房市承受冲击，就业市场面临挑战，经济“硬着陆”风险加大。同时，美联储收紧货币政策产生的负面外溢效应也让全球金融市场承压。
Gearing up for increased business relations with China and other Chinese speaking region, it’s never too early to start learning!
About us:
Founded in Hong Kong, Mandarin Connection has become one of the designated corporate language training provider for well-known international companies and organizations since 1995. Led by trainers from Beijing Foreign Language University.
Enquiry:
course@ifcmandarin.com
+852 2540 2117