Fed lifts key rate by a quarter-point; more hikes to come

Fed lifts key rate by a quarter-point; more hikes to come

a year ago
Anonymous $gM56WhLPcK

https://www.siliconvalley.com/2023/02/01/fed-lifts-key-rate-by-a-quarter-point-more-hikes-to-come/

By Christopher Rugaber | Associated Press

WASHINGTON — The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes.