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Sunday, March 16, 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

 

The Korea Daily
The Korea Daily
Founded in 1974, The Korea Daily (미주중앙일보) is the largest Korean media outlet in the U.S., providing in-depth coverage of local, national, and international news with a strong focus on immigration, business, and the Korean-American community. While covering major cities across the U.S., including New York, Washington D.C., Atlanta, Chicago, San Diego, San Francisco, Denver, and Dallas, as well as Vancouver and Toronto, Canada, The Korea Daily primarily focuses on news in Los Angeles County and Orange County. Headquartered in Koreatown, Los Angeles, it serves as a key news source for Korean Americans in Southern California.