// BBC BUSINESS NEWS — FINANZA
Watch: Why has the Federal Reserve raised interest rates?
The Federal Reserve has raised US interest rates to 3.75%-4% from 3.5%-3.75%, in a bid to curb inflation. This is the first such increase in three years.
Why has the increase taken place and what does it mean? The BBC’s Samira Hussain explains.
The Federal Reserve has raised US interest rates to 3.75%-4% from 3.5%-3.75%, in a bid to curb inflation. This is the first such increase in three years.
Why has the increase taken place and what does it mean? The BBC’s Samira Hussain explains.
Watch: Why has the Federal Reserve raised interest rates? Video, 00:01:18Watch: Why has the Federal Reserve raised interest rates?
Up Next. CCTV shows last sighting of Noah Woods. Video, 00:00:19CCTV shows last sighting of Noah Woods
Watch: Will Ed Sheeran cancel his tour as support acts quit? Video, 00:01:22Watch: Will Ed Sheeran cancel his tour as support acts quit?
Runaway horse captured by police on motorbikes. Video, 00:00:45Runaway horse captured by police on motorbikes
'Luck and timing': Matthew Rhys on his historic Emmy Awards double win. Video, 00:01:15'Luck and timing': Matthew Rhys on his historic Emmy Awards double win
Warning of space arms race as US confirms weapons in Earth's orbit. Video, 00:01:27Warning of space arms race as US confirms weapons in Earth's orbit