Federal Reserve raises interest rate for the ninth time despite banking troubles

 The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.

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The US Federal Reserve raises interest rates for the tenth time

 The US Federal Reserve announced on Wednesday that it raised its key interest rate by 25 basis points to a range of 5.00 percent-5.25 percent, for the tenth time in about a year, and hinted that it may stop raising it as the economy slows down and fears of a recession grow.

190 U.S. banks could be bankrupted according to an American newspaper

According to the famous newspaper ( USA Today ) said that a new survey get astonishing information about the critical case of the Amercian economy which faces huge challenges that may prevent the USA to fulfill its debts, as the newspaper described.
in the study, it said that the U.S. banking system found that 186 more banks are at risk of failure even if only half of their uninsured depositors decide to withdraw their funds, reported USA Today on Thursday.