To play this video you need to enable JavaScript in your browser.This video can not be played
CloseThe Federal Reserve has raised US interest rates to 3.75%-4% from 3.5%-3.75%, in a bid to curb inflation. This is the first such increase in three years.
Why has the increase taken place and what does it mean? The BBC’s Samira Hussain explains.
Shareclose panelShare pageCopy linkAbout sharingRelated topicsUS economyFollow US economy