Fed delivers small rate hike, says 'some additional' tightening possible

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two US banks.

from Times of India https://timesofindia.indiatimes.com/business/international-business/fed-delivers-small-rate-hike-says-some-additional-tightening-possible/articleshow/98923322.cms