The Economy Right Now Is the Fed's 'Worst Nightmare': Citi Economist
Citi's chief economist said the Fed faces pressure on two sides - from slowing demand on the one hand, and high and sticky inflation on the other.
Source: businessinsider.com
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Personal finances: As recession risk rises, steps can help prepare
Consumers are also starting to worry, with 74% saying they were concerned about a potential recession, according to a recent survey.
Source: myjournalcourier.com
Fed unleashes another big rate hike in bid to curb inflation | The Asahi Shimbun: Breaking News, Japan News and Analysis
WASHINGTON--The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation.
Source: asahi.com
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
Source: fox4news.com
Fed hikes rates by 3/4 point
The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
Source: arkansasonline.com