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Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation

The New York Times – Business:

The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.

Jeanna Smialek
Author: Jeanna Smialek

This post first appeared in The New York Times – Business. Read the original article.

Written by

Jeanna Smialek

in

Federal Reserve System, Inflation (Economics), Interest Rates, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy
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