Fed hikes again by 75 basis points, hints at entering end phase | Economic Times

Fed hikes again by 75 basis points, hints at entering end phase https://ift.tt/r6U2PoZ unanimous decision lifts the target for the benchmark federal funds rate to a range of 3.75% to 4%, its highest level since 2008. ​Yields on two-year Treasuries plunged, while the S&P 500 index rallied and the dollar index slid.