Arabic version: الاحتياطي الفيدرالي يرفع أسعار الفائدة الأميركية

According to BBC News, the Federal Reserve has raised US interest rates to 3.75%-4% from 3.5%-3.75% in a bid to curb inflation.

The increase is the first such rise in three years. The move affects the Federal Reserve’s interest-rate range, which has been lifted by 0.25 percentage points.

BBC News said the increase was intended to address inflation. Its video report examines why the rise has taken place and what it could mean.

The explanation is presented by the BBC’s Samira Hussain.