Cryptocurrency Prices by Coinlib

Fed Reserve hikes rate by 75points in bolf move to halt inflation


  •  The Federal Reserve raised its key policy rate by 75 basis points on Wednesday, the biggest hike since 1994, and signaled further increases as the central bank struggles to bring inflation under control.

  • The bold move is designed to help bring the supply-demand situation back into balance. By raising the interest rate, borrowing money becomes more expensive for consumers and businesses. As financial conditions tighten, spending (i.e., demand) is expected to decline, which in turn should push down inflation.In addition to the policy decision, the Fed officials released their Summary of Economic Projections. Most of them now expect the bank's key interest rate to hit 3.25% in 2022.

  • Today's hike brings the federal funds rate range to 1.50%-1.75%. After two years sitting at 0.0%-0.25%, the Federal Open Market Committee began raising rates in March with a 25 bp rate hike. In May, it followed with a 50-bp increase, bringing the federal funds rate target range to 0.75%-1.00%.

  • As part of its tightening plan, the Fed will continue reducing the Treasury and mortgage-backed securities on its balance sheet as it had described in May. Kansas City Fed President Esther George, who preferred a 50 bp rate hike, was the only FOMC member to vote against the 75 bp increase

  • The central bank pointed out that economic activity appears to have picked up after edging down in Q1 with robust job gains and a low unemployment rate. But inflation remain elevated with the Russian invasion of Ukraine and related events " creating additional upward pressure on inflation and are weighing on global economic activity."

Category :

Indices Report

Giving Futures
To Your Investment

Lets talk with our experienced analyst and earn maximum returns on your hard-earned money.



Daily Bullion Report

  • Quarterly 25000/-

  • Half Yearly 44000/-

  • Yearly 81000/-

Weekly Bullion Report

  • Quarterly 51000/-

  • Half Yearly 81000/-

  • Yearly 150000/-

Daily Forex Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Forex Report

  • Quarterly 300$

  • Half Yearly 551$

  • Yearly 1001$

Daily Crude Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

Weekly Crude Report

  • Quarterly 251$

  • Half Yearly 444$

  • Yearly 851$

Weekly Crypto Report

  • Quarterly 200$

  • Half Yearly 333$

  • Yearly 600$

How to make Payments

Modes of payment are:

  1. Online transfer
  2. Cash
  3. Online payment by credit card and Debit Card - Currently disabled as per new circular by SEBI

    If you have any queries WhatsApp: 


Bank Details:

Bank: IDBI Name: Tradeline A/c: 0130102000030612 IFSC: IBKL0000130 Account type: Current