Published 2 years ago

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

Summary by Ground News

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.

0 Articles

All

Left

Center

Right

Times of India

Fed set to raise interest rates to bring inflation under control

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.

2 years ago·India

Read Full Article

The Guardian

Fed expected to raise interest rates for first time since 2018, markets rise on Ukraine hopes – business live

European and Asian stocks rally, rouble edges higher ahead of Russian bond payments, while Brent crude rises back above $100 a barrel

2 years ago·London, United Kingdom

Read Full Article

Reuters

All systems go for Fed's liftoff of interest rates

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.

2 years ago·United Kingdom

Read Full Article

USA Today

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

Today's top stories from USA TODAY Money.

2 years ago·United States

Read Full Article

KRDO

Federal Reserve hikes interest rates for the first time since 2018

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…

2 years ago·Colorado Springs, United States

Read Full Article

New York Post

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

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 …

2 years ago·New York, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.