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Powell shoots for 2

Powell wants to see the inflation coming back to 2 percent, but we’re nowhere close to that.

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Raising interest rates: a recipe for world recession | Economy

The past few months have seen central banks scrambling to raise interest rates to control inflation. Yesterday, the Federal Reserve introduced another 0.75 percentage point hike, and the Bank of England will follow suit today.

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US interest rates: How long should the Federal Reserve keep raising rates?

Amid conflicting economic signals and with the US midterm elections looming, the US central bank is weighing a critical decision on interest rates.

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Fed set to impose another big rate hike to fight inflation | News, Sports, Jobs

Fed set to impose another big rate hike to fight inflation | News, Sports, Jobs
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Federal Reserve set to impose another big rate hike to fight inflation

Federal Reserve set to impose another big rate hike to fight inflation
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