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Fed unleashes another big rate hike but hints at a pullback

Por: WGN-TV Nation November 03, 2022

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Posted: Nov 2, 2022 / 01:14 PM CDT Updated: Nov 2, 2022 / 02:30 PM CDT SHARE WASHINGTON (AP) — The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes. The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years. It was the central bank’s sixth rate hike this year —... + full article



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