The Fed boosts interest rates, the most since 1994

FAN Editor 2 years ago

The Fed boosts interest rates, the most since 1994 – CBS News

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The Federal Reserve intensified its fight against high inflation Wednesday by raising the interest rate by 0.75%, the largest increase since 1994. The rate hike signals more hikes ahead as it tries to slow the economy without causing a recession. Carter Evans reports.

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White House reacts after the Federal Reserve boosted interest rates

Thu Jun 16 , 2022
White House reacts after the Federal Reserve boosted interest rates – CBS News Watch CBS News The Federal Reserve took aggressive action to combat rising inflation by raising interest rates by 0.75%, the largest increase since 1994. Chief White House correspondent Nancy Cordes has the latest reaction from the White […]

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