The Federal Reserve raised its key interest rate for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

Topics:  federal reserve   key   rate   inflation   11th time   
BING NEWS:
  • Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
    The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.
    11/7/2024 - 9:46 am | View Link
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