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Stories Tagged as

Rate hikes

The price of gasoline is down, but just about everything else is still getting more expensive

by Justin Ho
Sep 13, 2022
Fresh consumer price index data pretty much guarantees a big interest rate hike when the Federal Reserve meets next week.
The cost of gasoline fell by more than 10.5% in August, according to the Department of Labor's consumer price index. But just about everything else was more expensive.
Scott Olson/Getty Images
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"We need to act decisively and affirmatively to get inflation under control," says Atlanta Fed president

by Kai Ryssdal and Sean McHenry
Jun 17, 2022
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, on why he supports this week's rate hike.
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, speaks at an event for the Rotary Club of Atlanta.
E. M. Pio Roda/Federal Reserve Bank of Atlanta
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Federal Reserve attacks inflation with its largest rate hike since 1994

by Associated Press
Jun 15, 2022
The central bank is raising its key interest rate by three-quarters of a percentage point.
With inflation at a 40-year high, the Federal Reserve announced Wednesday its highest rate hike since 1994. Above, Fed Chairman Jerome Powell at a press conference on May 4.
Jim Watson/AFP via Getty Images
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Can the Fed lower inflation without getting the economy into a recession?

by Kai Ryssdal , Anais Amin and Sean McHenry
Apr 27, 2022
"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.
Recessions have followed many of the Federal Reserve's past interest rate hikes.
Samuel Corum/Getty Images
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The Fed is raising rates. Here's how it'll affect you.

by Nancy Marshall-Genzer
Mar 15, 2017
It's a quarter-percent increase, with two more expected this year.
 Flags fly over the Federal Reserve Building.
Mark Wilson/Getty Images
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Unexpected downturn in markets puts time on Fed's side

by Andy Uhler
Jan 26, 2016
Few are expecting another interest rate hike at the Fed meeting this week.
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Janet Yellen's 'crystal ball' is a bunch of dots

by Nancy Marshall-Genzer
Dec 16, 2015
One chart helps the Fed look into our interest rate future.
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How an interest rate hike ripples through the economy

by Tracey Samuelson
Dec 16, 2015
The Fed's decision doesn't mean all rates will rise at the same pace — or at all.
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