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Economic Professors Say Fed Rate Hike Should Slow Inflation – InsuranceNewsNet

The Federal Reserve announced the rate hike on March 16. Typically, the Federal Reserve targets 2% as the nation's inflation rate, which has crept up nearly 6% since early early last year. Officially known as the federal funds rate, the Federal Reserve rate is the interest rate banks pay to borrow and lend to one another. ....

United States , Kingsley Nwala , Elizabeth City State University , Federal Reserve , Daily Advance , Elizabeth City , Federal Reserve System , Russell Lay , Elizabeth City State ,

Economic Professors Say Fed Rate Hike Should Slow Inflation – InsuranceNewsNet

The Federal Reserve announced the rate hike on March 16. Typically, the Federal Reserve targets 2% as the nation's inflation rate, which has crept up nearly 6% since early early last year. Officially known as the federal funds rate, the Federal Reserve rate is the interest rate banks pay to borrow and lend to one another. ....

United States , Kingsley Nwala , Elizabeth City State University , Federal Reserve , Daily Advance , Elizabeth City , Federal Reserve System , Russell Lay , Elizabeth City State ,