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The Fed is expected to raise interest rates by a quarter point, a major step in reversing the easing it put in place to help the economy through the pandemic.

Reuters

United Kingdom

All systems go for Fed's liftoff of interest rates

Fed Chair Jerome Powell has said he favors increasing the benchmark interest rate by 0.25 percentage points from zero, where it has been since March 2020.

Media Bias/Fact Check

Times of India

India

Fed set to raise interest rates to bring inflation under control

The Federal Reserve will step up its inflation fight with the first in what is likely to be a series of interest rate hikes this year.

Ad Fontes Media

All Sides

The Woodbridge Company

Today's top stories from USA TODAY Money.

USA Today

Gannett

United States

The Daily Money: How the Fed's interest rate hike will affect your wallet, finances

By Anneken Tappe, CNN BusinessThe Federal Reserve is raising interest rates for the first time since 2018, the central bank announced Wednesday at the conclusion of its highly anticipated two-day monetary policy meeting.The move marks the end of the Fed’s pandemic-era easy money policy and comes amid soaring inflation across America. The federal funds rate now stands at 0.25-0.5%.The quarter-percentage-point increase had been well telegraphed by…

KRDO

News-Press & Gazette Company

Colorado Springs

El Paso County

Colorado

Federal Reserve hikes interest rates for the first time since 2018

The Federal Reserve is expected to raise interest rates by a quarter of a percentage point when it begins its two-day meeting on Tuesday — the first of several hikes that the central bank is …

New York Post

Murdoch family

New York

Fed set to raise interest rates: Here’s how it could help with inflation

CNBC

Roberts family

The Federal Reserve is expected to raise rates, but unique challenges could slow its pace

Americans could soon pay more to borrow. One expert says it may be hard to give up the "easy money mentality."

CBS News

National Amusements

Michael Redstone

The Fed hiked interest rates for the first time since 2018. Here's how that could hit your wallet.

The Federal Reserve is set to hike interest rates for the first time since slashing them to near zero levels amid the onset of the pandemic two years ago.

The Hill

Nexstar Media Group

Washington

District of Columbia

Fed to likely to raise interest rates: Here's how it might affect you

The Federal Reserve on Wednesday will close the door on its ultra-easy pandemic-era monetary policy and step up the fight against stubbornly high inflation with the first in what is likely to be a series of interest rate hikes this year.

IBTimes

IBT Media

All Systems Go For Fed's Liftoff Of Interest Rates

US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation before it surges out of control.
	The Federal Reserve will have to walk a tightrope to ensure its efforts don't derail the recovery from the Covid-19 pandemic as Russia's invasion of Ukraine introduces new uncertainty in an economy battered by supply chain snarls and labor shortages.
	"There is no good answer to that in any…

Raw Story

John K. Byrne

Michael Rogers (publisher)

Fed set to raise interest rates to rein in inflation

Business

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Washington DC

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Gold Coast Bulletin

The Korea Times

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Sky News Australia

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NBC Connecticut

Audacy

Deccan Herald

Axios

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The Guardian

The Federal Reserve is expected to take action to raise interest rates Wednesday. The Fed's goal is to slowly and gently tamp down inflation without slowing the economy. The job of the Fed to coax down inflation and encourage growth is a delicate dance. If the hike stays at just one increase, that is relatively manageable for most.

The Federal Reserve is expected to raise rates, but unique challenges could slow its pace

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