Fed raises interest rate to 22-year high, nears end of tightening cycle
KUALA LUMPUR: The US Federal Reserve (Fed) is nearing the end of its tightening cycle after it raised Fed funds rate (FFR) by an additional 25 basis points (bps) to a range of 5.25 per cent to 5.50 per cent, the highest in 22 years, MIDF Research said. The Fed