The Federal Reserve finally raises rates

The Federal Reserve finally raises rates

Up next

Oil hits $100 and drives global bond sell-off

The US unveiled new tariffs to replace old ones, oil’s jump above $100 deepened a global bond sell-off, and thousands of supporters of the youth-led “Cockroach” movement in India continued protesting over problems in the education system. Plus, the European Central Bank held inte ...  Show more

US oil refineries race against dwindling supply

Tesla reported its first cash burn in more than two years in the second quarter, and US oil refineries are running at full tilt as wars in the Middle East and Ukraine choke global supplies of fuels such as diesel. Plus, the UK consumer price index dropped in June, and Deutsche Ba ...  Show more

Recommended Episodes

Stocks Close Higher After Fed Raises Interest Rates
The Lead with Jake Tapper

Why are some economists saying the biggest interest rate hike in more than two decades should help us all in the United States and bring prices on everyday items down? Plus, Ukrainian forces push back against Kremlin fighters trying to storm the Mariupol steel plant while civilia ...  Show more

Powell to the people: The Fed raises rates
Economist Podcasts

America’s central bank raised rates by .75% yesterday—the biggest increase in almost 30 years. Whether that will help tame rising prices without ...  Show more

Fed Hikes Interest Rates to 22-Year High & Automakers Unite To Build EV Charging Network
Morning Brew Daily

Episode 112: Neal and Toby discuss the Federal Reserve's decision to approve a hike in interest rates to combat inflation that brought them to 5.25-5.5%, which is the highest in 22 years. The guys also recap the Congressional UFO hearing and explain why automakers are banning tog ...  Show more