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2.25 percent to 2.5 percent
- When it ends its latest policy meeting Wednesday, the Fed is expected to impose a second consecutive three-quarter-point hike, elevating its key rate to a range of 2.25 percent to 2.5 percent. It will be its fourth rate hike since March, when it announced a quarter-point increase.
www.pbs.org › newshour › economyAs inflation soars, the Federal Reserve is set to announce ...
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Jun 15, 2022 · The Federal Reserve escalated its battle against inflation Wednesday, announcing the largest interest rate hike in 28 years as the central bank struggles to regain control over soaring consumer...
Apr 30, 2024 · After a period of rapid interest rate hikes, the pace of inflation fell from more than 9% in the summer of 2022 to its current levels of between 3% and 4%. But the decline has since...
Jul 27, 2022 · The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday, continuing its aggressive campaign to cool rapid inflation even as the economy begins to slow.
- Jeanna Smialek
Jul 27, 2022 · The Fed’s move will raise its key rate, which affects many consumer and business loans, to a range of 2.25% to 2.5%, its highest level since 2018. Speaking at a news conference after the Fed’s latest policy meeting, Chair Jerome Powell offered mixed signals about the central bank’s likely next moves.
Jul 26, 2023 · The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S....
Sep 21, 2022 · Fed Raises Interest Rates By 75 Basis Points to Fight Inflation - The New York Times. Federal Reserve Meeting Fed Makes Another Big Rate Increase. The Federal Reserve raised rates by...
Jun 15, 2022 · The latest move set the Fed’s policy rate in a range of 1.50 percent to 1.75 percent, and more rate increases are to come. Mr. Powell signaled that the debate at the Federal Open...
