Roundup: U.S. Fed decision triggers mixed comments from major news outlets

NEW YORK, May 3 (Xinhua) -- The U.S. Federal Reserve raised interest rates by 25 basis points on Wednesday in the 10th straight move since March 2022 in the fight against rapid inflation, but it also opened the door to a possible pause in rate increases, to which main media responded with various coverage and points of view.

"Fed Raises Rates but Opens Door to Pause," said The New York Times, noting that "central bankers lifted rates to a range of 5 percent to 5.25 percent, a level they have not reached since the summer of 2007. The move capped the fastest series of rate increases since the 1980s, as the central bank led by Chair Jerome H. Powell attempts to slow the economy and weigh down price increases."