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'Don't see the point of it': Consumers feel the pinch as Fed raises rates again

Interest rates are now at a 22-year high, and Americans are starting to feel that the Federal Reserve is going overboard with its rate hikes. Despite one of the fastest rate-raising cycles on record, U.S. employment levels have remained high, and a widely predicted recession has failed to materialize. Wages for most workers are about…
United States Alfonso Peccatiello Jerome Powell David Dunn Sharon Bracey James Vesprey
Source: yahoo.com

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Analysis-Top central bankers fear breaking economy if they raise rates too fast

FRANKFURT (Reuters) - The worlds top central bankers are beginning to fear that an already weak global economy will stall if they keep pressing on the brakes, unnerved by plunging commodity prices, turmoil in emerging markets and potential flashpoints at home.
United States United Kingdom Carsten Brzeski Alfonso Peccatiello Christian Scherrmann David Evans

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