The US Federal Reserve raises interest rates by 0.5 points

• Indicators Core inflation derailed in April due to the contagion effect and no longer serves as a guide to raise salaries

• Inflation or growth The dilemma of the ECB

The

announced this Wednesday a rise in interest rates of half a point (0.5) with the aim of fighting runaway inflation.

With this increase -which is double the one carried out in March-, the official interest rate of the largest economy in the world is placed in a

This is the biggest rise in the price of money

22 years ago.

Since then, rate hikes have always been limited to 25 basis point increments.

Likewise, the monetary authority has agreed to begin reducing the size of its balance sheet as of June, at a rate of

for an initial period of three months.

After that time, the volume of reductions will rise.

The committee also highlighted the "highly uncertain" impact of external factors, such as Russia's

, which "creates additional upward pressure on inflation and risks weighing on economic activity."

In addition,

"are likely to exacerbate supply chain disruptions," the Monetary Committee statement said.

The central bank, which has amassed $9 trillion in Treasury bills and other assets to its credit by pumping liquidity into the financial system to support the economy during the pandemic, will begin to back down.

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