Page 28 - Powell Fed News Today

Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.

Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.

Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.

Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.

Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.

The Fed plans to stop its monthly bond purchases in an effort to raise rates and combat inflation.

The Fed plans to stop its monthly bond purchases in an effort to raise rates and combat inflation.

The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.

The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.

The Fed plans to stop its monthly bond purchases in an effort to raise rates and combat inflation.