Washington, Nov 3 (SocialNews.XYZ) In its sixth hike of the year, the US Federal Reserve on Wednesday announced it is boosting its benchmark interest rate by another 0.75 per cent - the fourth consecutive 0.75 per cent increase.
The announcement comes days before the crucial mid-term elections on November 8.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz