The biggest US rate rise in almost 30 years

The biggest US rate rise in almost 30 years

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Powell to the people: The Fed raises rates
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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

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The Federal Reserve raised interest rates three-quarters of a percent, the biggest hike since 1994. (0:25) Ron Gross discusses: - The positive reaction in the stock market - Prospects for much lower inflation in 2023 - Borrowing costs going higher - Expectations for more rate hik ...  Show more

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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

The Fed’s big swing at inflation
The Story of Money

The Federal Reserve announced its largest interest rate increase since 1994. And it's the equivalent of the US central bank taking a baseball bat to the economy, according to the FT’s US financial commentator Robert Armstrong.  


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