{"id":65086,"date":"2022-06-16T07:42:41","date_gmt":"2022-06-16T07:42:41","guid":{"rendered":"https:\/\/eng.danfetv.com\/?p=65086"},"modified":"2022-06-16T07:42:41","modified_gmt":"2022-06-16T07:42:41","slug":"the-highest-interest-rate-hike-in-30-years-in-the-united-states","status":"publish","type":"post","link":"https:\/\/eng.danfetv.com\/?p=65086","title":{"rendered":"The highest interest rate hike in 30 years in the United States"},"content":{"rendered":"<p><strong>Kathmandu, June 16<\/strong><\/p>\n<p>As part of the efforts to contain growing consumer costs, the US Federal Reserve has<br \/>\nannounced the largest interest rate rise in over 30 years. The Federal Reserve has stated that its main interest rate would be raised by three-quarters of a percentage point to 1.5 percent to 1.75 percent.<\/p>\n<p>This is the third such rise since March when inflation in the United States rose dramatically. At the same time, the economy&#8217;s level of uncertainty is likely to rise. The central bank expects the rate of borrowing by banks to reach 3.4 percent by the end of the year, according to a projection released following the meeting.<\/p>\n<p>Higher public costs for securities, credit cards, and other loans might result as a result of the move. Central banks all around the world might fall into line, causing a major shift in the global economy. It may have an impact on businesses and families who have benefited for years from low-cost loans and borrowings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu, June 16 As part of the efforts to contain growing consumer costs, the US Federal Reserve has announced the largest interest rate rise in over 30 years. The Federal&hellip;<\/p>\n","protected":false},"author":2,"featured_media":65087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[281,2227],"class_list":["post-65086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-interestrate","tag-usfederalreserve"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The highest interest rate hike in 30 years in the United States - Danfe TV- English<\/title>\n<meta name=\"description\" content=\"Danfe TV is Nepal&#039;s best online news source, providing 24\/7 coverage of national and international news. We deliver the most trusted updates on politics, business news, sports, entertainment, and expert opinions. 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