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Fed Raises Interest Rates Sharply to Combat Inflation

by Evelyn Reynolds 15 June 2022, 22:30 149 Views

new video loaded: Fed Raises Interest Rates Sharply to Combat Inflation

By The Associated Press•June 15, 2022

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s biggest rate increase since 1994, in an effort to rein in inflation without denting economic growth or destabilizing markets.

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Source: Economy - nytimes.com

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Fed Raises Interest Rates Sharply to Combat Inflation

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s biggest rate increase since 1994, in an effort to rein in inflation without denting economic growth or destabilizing markets.

MetaMask warns of security vulnerability from older versions of popular crypto wallet

Market bears should take note that Powell will stop inflation by ‘any means necessary,’ Cramer says

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