In its efforts to curb inflation, the Federal Reserve on Wednesday raised the key interest rate by one-half point. According to the Associated Press, that’s the seventh increase this year but it’s […]
Fed raises interest rate again
Fed increasing rates again
Continuing its battle to roll back inflation, the Federal Reserve on Wednesday announced it would increase its benchmark interest rate by three-quarters of a point for the fourth consecutive time. According to […]
Fed raises rate by 3/4 point
The Federal Reserve system took a mighty swing against inflation on Friday, raising its key rate by three-quarters of a point, the biggest jump since 1994. According to The Associated Press, Fed […]
