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 Home > Chemicals Market Price & Insight > Styrene Market Price & Analysis > Featured News - Styrene > Fed Announces September Interest Rate Decision to Raise Interest Rates by 75 Basis Points to 3.00-3.25% as Scheduled

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Fed Announces September Interest Rate Decision to Raise Interest Rates by 75 Basis Points to 3.00-3.25% as Scheduled

ECHEMI Info 2022-09-22

<p> </p> <p>The Fed announced its September interest rate decision, raising rates by 75 basis points as scheduled to 3.00-3.25%. Economic expectations indicate a further acceleration in the pace of interest rate hikes in the future. The Fed lowered its US GDP growth forecast for 2022 to 0.2%, up 1.7% in June; The Fed raised its…</p>

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Introduction: The world's first set of 10,000-ton coal-based degradable materials project was completed and put into operation in Yulin

The Fed raised interest rates by 75 basis points for the third consecutive time

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