The US Federal Reserve has raised interest rates twice, to 0.25%.
![Interest Rates in US were Raised for 10th Time in Year](https://keepnews.org/wp-content/uploads/2023/05/InShot_20230504_112946782-300x167.jpg)
The Media from other countries reported that the US Federal Reserve raised interest rates from 5 percent to 5.25 percent, marking the 10th rate hike in a year.
Apart from this, according to experts, the interest rate will not increase for some time to come.
At the same time, the US Federal Reserve aims to increase the annual rate of inflation to 2 percent.