The US Federal Reserve raised the rate by 25 basis points on March 22, 2023

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AK&M 23 March 2023 11:04

On March 22, 2023, the US Federal Reserve raised the rate by 25 basis points — from 4.5–4.75% to 4.75-5% per annum. This is stated in the press release of the Federal Open Market Committee (FOMC).