Fed hikes interest rates by 50 basis points in effort to combat inflation
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Fed hikes interest rates by 50 basis points in effort to combat inflation



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNzU4Yzc5NGYtZTg1Ny00OGY0LWI4NDctYTMyZDg5ZTJiNDM4LmpwZw==.jpg"></p><p>The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades. </p>



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