Similar Stories to Fed Begins Inflation Fight With Key Rate Hike, More To Come on Bing News

Business stories from Newsday, Long Island Newsday: Business
Wed, 03/16/2022 - 5:00pm

The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling up to seven rate hikes this year.

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Topics:  federal reserve   inflation   rate hike   
BING NEWS:
  • How to Fight Inflation's Hidden Threat to Your Savings
    If higher prices are putting your savings goals on hold, you're in danger of financial erosion. Fortunately, several strategies can help stop the spread.
    11/16/2024 - 10:04 pm | View Link
  • Stock market today: Tech lags as inflation print keeps Fed rate cut on track
    The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told Yahoo Finance that inflation data was the key focus for the central ...
    11/14/2024 - 6:00 am | View Link
  • Fed officials wary of inflation risks as they weigh more rate cuts
    Musalem sees increased risk of stalled inflation progress Logan says policy rate may be very close to neutral rate Inflation data holds key to next decision, Kashkari says Nov 13 (Reuters) - After a ...
    11/13/2024 - 6:15 am | View Link
  • Inflation ticked up in October, CPI report shows. What happens next with interest rates?
    That's a much lower inflation rate than American consumers endured through most of 2022 and 2023, but it's higher than the inflation rate for September, 2.4%. Shelter prices rose 0.4% in October ...
    11/13/2024 - 12:36 am | View Link
  • Fed cuts key interest rate by a quarter-point: ‘We’re on a path to a more neutral stance’
    The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
    11/7/2024 - 7:41 am | View Link
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