- 5.5%The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S. economy.www.nbcnews.com/business/economy/interest-rate-hike-july-2023-how-much-hi…
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WEBJul 27, 2022 · The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation.
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WEBJul 26, 2023 · The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday to the highest level in 22 years as it left the door open to further increases this year.
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WEBMay 3, 2023 · Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation — but they also opened the door to a possible...
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WEBJul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
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WEBJun 15, 2022 · Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between...
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WEBNov 2, 2022 · Federal Reserve officials continued their assault on rapid inflation on Wednesday, raising interest rates by three-quarters of a point in their sixth increase this year and suggesting that...
Federal Reserve raises interest rate by 0.75% for the …
WEBNov 2, 2022 · Battling inflation that remains at four-decade highs, the Federal Reserve said Wednesday it hiked its key interest rate by another 0.75%.