Today news
About the same in other media
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
Reading now: 361
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
The decision Wednesday marked a step down after four consecutive larger increases of 0.75 point and raised the benchmark federal-funds rate to a range between 4.25% and 4.5%, a 15-year high.
Read more on wsj.comAbout this in other media
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely wsj.com /1 year ago
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely wsj.com /1 year ago
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely wsj.com /1 year 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.
