The Fed Raises Interest Rates 25 Basis Points

FOMC

The Federal Reserve extended its fight against high inflation by raising its key interest rate by a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. https://t.co/H7qCUxEAIh

— The Associated Press (@AP) February 1, 2023