Fed rate hike: Key interest rate lifted 0.75 points to fight inflation
The Federal Reserve increased its key interest rate by 0.75 percentage point for a second straight month to battle inflation that's at a 40-year high.
Stay updated with breaking news from Show Fed. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Federal Reserve increased its key interest rate by 0.75 percentage point for a second straight month to battle inflation that's at a 40-year high.
The Federal Reserve increased its key interest rate by 0.75 percentage point for a second straight month to battle inflation that's at a 40-year high.
How far will the Federal Reserve need to raise interest rates to bring inflation back down to its 2% target? No one knows, not even the Fed.
Biden's Mideast trip begins in Israel, inflation jumps to a 40-year high and more news to start your Wednesday.
In Taylor County, homes for sale had a median price of $150 per square foot, while Texas's was $194