Home>US & World>Federal Reserve hikes key interest rate 0.75 percentage point
US & World

Federal Reserve hikes key interest rate 0.75 percentage point


Federal Reserve hikes key interest rate 0.75 percentage point – CBS News


Watch CBS News



The Federal Reserve approved a third consecutive 0.75 percentage point hike to its benchmark interest rate Wednesday in an effort to tackle record inflation. Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joined John Dickerson to discuss the impact of the interest rate hikes on the U.S. economy.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Source link

Review Overview

Summary