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Fresh consumer price index data pretty much guarantees a big interest rate hike when the Federal Reserve meets next week.
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, on why he supports this week’s rate hike.
The central bank is raising its key interest rate by three-quarters of a percentage point.
“A look at the record shows that the Fed often stumbles in its efforts to save the day,” says Ben White, chief economic correspondent at Politico.
It's a quarter-percent increase, with two more expected this year.
Few are expecting another interest rate hike at the Fed meeting this week.
One chart helps the Fed look into our interest rate future.
The Fed's decision doesn't mean all rates will rise at the same pace — or at all.
