Por: The Boston Globe Business September 22, 2022
Delivering its latest assessment of the economy, the Federal Reserve on Wednesday to get inflation under control, but warned of a painful slowdown, with higher unemployment and falling home prices, as it pushes interest rates even higher than previously forecast.“We have got to get inflation behind us. I wish there were a painless way to do that. There isn’t,” Fed Chairman Jerome Powell after central bank officials approved their third... + full article
CBS News USA Business September 22, 2022
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.75 percentage point and signaled it plans to keep rates higher for longer as it tries to douse . The Fed's target interest rate is now in the range of 3% to 3.25%, the highest level in 14 years. The... + más
Inflation is a global problem, here's how central banks are addressing it | CNN
This is how the Fed's latest interest-rate hike will affect you | CBS News
The Federal Reserve on Wednesday said it is once again turning to its most powerful weapon to tamp down the in 40 years: Boosting interest rates. The central bank raised its benchmark interest rate by 0.75 percentage point, marking the fifth hike this year and the third... + más
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
CNBC USA Business September 22, 2022
Morsa Images E+ Getty ImagesAs investors digest another 0.75 percentage point interest rate hike by the Federal Reserve, government bonds may be signaling distress in the markets.Ahead of news from the Fed, the policy-sensitive yield climbed to 4.006% on Wednesday, the , and the... + más
Global shares decline ahead of Fed decision on rates | ABC News
Wall Street on edge as it tries to guess what the Fed is thinking | The Boston Globe
ABC News USA Business September 21, 2022
WASHINGTON -- Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain for... + más
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
Associated Press USA Business September 21, 2022
WASHINGTON (AP) — Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain” for Americans.When the... + más
Associated Press USA Business September 20, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how much pain could be in store. The Fed... + más
Consumer prices rise unexpectedly in August, sending stock market tumbling | ABC News
The Boston Globe USA Business September 20, 2022
Investors are braced for a pivotal Federal Reserve meeting Wednesday, when central bank officials will lay out their plans to fight persistent inflation that has roiled financial markets in recent weeks.After a wobbly start, the Standard & Poor’s 500 gained .69 percent on... + más
Not so fast on interest rates | The Boston Globe
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