By Sama Marwan,
The Federal Reserve in the United States recently announced that it might raise interest rates again, aiming to control the persistent inflation.
Despite the cooling inflation rates over the past months, the central bank emphasized that more efforts are required to stabilize the economy.
The decision has been met with concern from investors, fearing a potential slowdown in economic growth due to tighter monetary policies.
The US economy has seen moderate growth in recent months, but experts warn that a higher interest rate could affect consumer spending and corporate investments.
Many sectors, such as housing and automotive, are already feeling the pinch from the earlier rate hikes.
Economists are divided on how far the Fed will go, but the impact on global markets could be significant if the tightening continues.
