Tag: 3.25%
Fed attacks inflation with another big hike and expects more
WASHINGTON (AP) – Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a...
How much ‘pain’? Fed to signal more rate hikes ahead
WASHINGTON (AP) – Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed's drive to curb inflation by aggressively...