US interest rates hit highest level since 2007 with Federal Reserve’s latest hike

Australia News News

US interest rates hit highest level since 2007 with Federal Reserve’s latest hike
Australia Latest News,Australia Headlines
  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

The US interest rates have reached their highest point since 2007, as the Federal Reserve announces a quarter-point increase in its key interest rate, bringing it to 5.25 per cent.

The US interest rates have reached their highest point since 2007, as the Federal Reserve announces a quarter-point increase in its key interest rate, bringing it to 5.25 per cent.Read More.

The US interest rates have reached their highest point since 2007, as the Federal Reserve announces a quarter-point increase in its key interest rate, bringing it to 5.25 per cent.Read More
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNewsAust /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Federal Reserve increases interest rates by a quarter point to 16-year high – US politics liveFederal Reserve increases interest rates by a quarter point to 16-year high – US politics liveCentral bank announces 10th straight increase – follow all the latest news
Read more »

Reserve Bank was ‘bound’ to raise interest rates this monthReserve Bank was ‘bound’ to raise interest rates this monthFormer Speaker of the House Bronwyn Bishop says the Reserve Bank was “bound” to raise interest rates this month after last month’s pause. “Very simple, the Governor’s about to be sacked, the government is spending money like there’s no tomorrow,” Ms Bishop told Sky News host Paul Murray. “There’s a wage increase coming through for 300,000 people … they’ve just spent $35 billion, which they say is off-budget. “I always thought they would put up interest rates this month.”
Read more »

Live: Reserve Bank interest rate decision looms as Qantas announces Alan Joyce's successorLive: Reserve Bank interest rate decision looms as Qantas announces Alan Joyce's successorBanks and financial markets are predicting the RBA will keep the cash rate on hold at 3.6 per cent for another month at today's meeting, with the ASX opening lower. Follow the day's events with our live blog.
Read more »

Aboriginal protesters evicted by police after camping out for years at Deebing Creek development siteAboriginal protesters evicted by police after camping out for years at Deebing Creek development siteMakeshift homes demolished after protesters removed from former Aboriginal reserve south-west of Brisbane
Read more »

US federal department faces environmental lawsuit following SpaceX launch and explosionUS federal department faces environmental lawsuit following SpaceX launch and explosionThe lawsuit against the Federal Aviation Administration alleges a proper environmental study was not completed ahead of a destructive SpaceX launch in Texas.
Read more »

Courageous RBA call will put spotlight on federal budgetCourageous RBA call will put spotlight on federal budgetPhilip Lowe will cop plenty of heat for a surprise rate rise. But he’ll be eager to see next week’s budget do its bit to tame inflation, too.
Read more »



Render Time: 2025-03-01 06:15:02