Today news
About the same in other media
21.09 - 21:48
Jerome Powell’s Inflation-Fighting Pledge Could Tee Up Another 0.75-Point Interest Rate Rise by Fed
Reading now: 362
The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman Jerome Powell’s public pledge to reduce inflation even if it increases unemployment.
Fed officials have done little to push back against market expectations of a third consecutive 0.75-point rate rise in recent public statements and interviews ahead of their Sept. 20-21 policy meeting.
Read more on wsj.comAbout this in other media
Here's what changed in the new Fed statement cnbc.com /2 years ago
Fed raises rates by another three-quarters of a percentage point to fight inflation cnbc.com /2 years ago
Four things to watch as the Fed raises interest rates fnlondon.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.
