Today news
About the same in other media
04.01 - 22:41
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
Reading now: 208
WASHINGTON—The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments, to combat high inflation.
The decision Wednesday marked a step down after four consecutive larger increases of 0.75 point and raised the benchmark federal-funds rate to a range between 4.25% and 4.5%, a 15-year high.
Read more on wsj.comAbout this in other media
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely wsj.com /2 years ago
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely wsj.com /2 years ago
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely wsj.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
