Skip to main content

Fed Raises Key Rate by a Half-Point in Bid to Tame Inflation

The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday - its most aggressive move since 2000 - and signaling further large rate hikes to come.

from CBNNews.com https://ift.tt/e2HV1Rp
via

Comments

Popular posts from this blog

‘Once Upon a Time … in Hollywood’ Review: We Lost It at the Movies

By A.O. SCOTT from NYT Movies https://ift.tt/2Og311F

2020 Grammy Winners: The Complete List

By LAUREN MESSMAN from NYT Arts https://ift.tt/2NXQtZZ