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The Fed is sacrificing the American dream to fix a problem it can’t solve

Federal Reserve interest rate hikes crush working-class homeownership dreams without fixing supply-side drivers of high inflation.

Coverage (1)· Sep 18, 2:00 PM

fed interest rate hike Economy

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Washington Examiner· Sep 18, 2:00 PMThe Fed is sacrificing the American dream to fix a problem it can’t solve

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fed interest rate hike →

Before

Stocks rise as Wall Street bounces back from Fed sell-off; oil dipsStocks climbed Thursday morning as Wall Street tried to bounce back from a steep sell-off the previous day, after the Federal Reserve issued its first interest-rate hike in three years.

New York Post18d agoWhole story →

Planet fed interest rate hike

US stocks slip after the Fed hikes interest rates and hints more increases may be on the wayU.S. stocks slipped after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control. The S&P 500 fell 0.4% Wednesday after giving up a modest gain from earlier in the day. The Dow Jones Industrial Average dropped 1.2%, and the…

The Atlanta Journal-Constitution19d agoWhole story →

Economy fed interest rate hike

Since

Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaWASHINGTON, Oct 4 : The International Monetary Fund has said the US Federal Reserve's decision to hike interest rates would contribute to tighter global

EUROPE SAYS1d agoWhole story →

Economy fed interest rate hike

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The Fed is fighting the wrong inflation warFederal Reserve interest rate hikes cannot solve energy-driven inflation. They only squeeze working families and small businesses.

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Fed official warns persistent inflation could require more rate hikes - and economic painA top Federal Reserve official says that stubbornly high inflation and the renewal of combat in the Middle East in August were key reasons she supported raising borrowing costs last week, when she also penciled in a second rate hike for later this year

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Fed hikes interest rates amid ‘geopolitical developments’Welcome to the daily Inside Scoop newsletter. The Federal Reserve has decided to increase interest rates. How is this going down with the president? Is it a

EUROPE SAYS19d agoWhole story →

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US stocks slip after the Fed hikes interest rates and hints more increases may be on the wayU.S. stocks slipped after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control. The S&P 500 fell 0.4% Wednesday after giving up a modest gain from earlier in the day. The Dow Jones Industrial Average dropped 1.2%, and the…

The Atlanta Journal-Constitution19d agoWhole story →

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Fed's Barr says further rate hikes will likely be neededFederal Reserve Governor Michael Barr said on Wednesday the US central bank took an important step last week to "recalibrate" short-term borrowing costs to bring down inflation, and will likely need to deliver further interest rate hikes.

Reuters12d agoWhole story →

Economy fed rate hike announcement