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Fed expected to raise benchmark rate, defying Trump's demands

The Federal Reserve is widely expected to lift its short-term interest rate for the first time in three years to fight high inflation.

Sources (3)+11 copies· Sep 15, 12:34 PM to Sep 17, 6:35 PM

fed interest rate decision federal reserve rate hike Economy Commerce

Every telling

their own versions

St. Paul Pioneer Press· Sep 15, 12:34 PMFed expected to raise benchmark rate, defying Trump's demands
The Atlanta Journal-Constitution· Sep 16, 11:52 AMUS futures climb ahead of Fed interest rate call and the latest retail sales numbers
Baltimore Sun· Sep 16, 12:56 PMUS futures climb ahead of Fed interest rate call, retail sales numbersAlso ran in Boulder Daily Camera, Hartford Courant, Norfolk Virginian-Pilot, Reading Eagle, San Diego Union-Tribune, Santa Ana Orange County Register, Santa Rosa Press Democrat, The Boston Herald, The Mercury News

How it spread

14 articles

The thread

fed interest rate decision →

Before

Inflation stayed hot in August with annual pace of 3.4%, raising the odds of a Fed hikeThe report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.

CBS News27d agoWhole story →

Economy fed interest rate decision

Since

Fed's Kashkari says inflation is still too high across US economy, in Fox News interviewMinneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

Reuters17d agoWhole story →

Economy fed interest rate decision

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.

Washington Examiner11d agoWhole story →

Economy fed interest rate decision

Fed may take time to make next interest rate move, Jefferson saysFederal Reserve Vice Chair Philip Jefferson said on Thursday that while he supported the US central bank's interest rate increase last month, he does not see any urgency to make another move.

Spokane Spokesman-Review6d agoWhole story →

Economy fed interest rate decision

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Did the Fed raise its interest rate?Federal Reserve voted to increase its benchmark federal funds rate. How will Fed rate hike impact mortgages? What is benchmark interest rate?

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