Azerbaijan news
FED increased the discount rate again
USAThe Federal Reserve System (FRS), acting as the central bank of
This is reported in the press release of the organization.
Thus, the discount rate was raised to 2.25-2.5%.
Some members of the Federal Open Market Committee (FOMC) expect the Fed to raise the benchmark rate to 3.5-3.75% in 2023-2024. Committee members expect the federal funds rate to increase to 3.0-3.25% in 2022.