Today news
About the same in other media
Fed Official Says 0.75-Point Rate Rise Seems Most Likely in July
Reading now: 396
A Federal Reserve official who has favored aggressive rate increases this year said he would favor a 0.75-percentage-point rate rise at the central bank’s meeting in two weeks—though stronger economic data between now and then could tip the scale in favor of an increase of a full percentage point.
The Labor Department reported Wednesday that inflation rose to 9.1% in June from a year before, the fastest pace in more than 40 years. The consumer-price index revealed a broadening in price pressures even after accounting for large gains in food and energy prices last month.
Read more on wsj.comAbout this in other media
Fundraising Leaders North Americans are 'Most Likely to Write Rules of Metaverse' – CoinShares cryptonews.com /2 years ago
Biden-Xi make plans to meet in person, U.S. official says — and China's leader has strong words on Taiwan cnbc.com /2 years ago
Fed announces another three-quarter-point increase in interest rates theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Will Bitcoin [BTC] rise above its $23,000 level over weekend](https://fvbb.com/storage/thumbs_400/img/2022/7/22/33876_z6rab.jpg)
