Coverage dated December 12, 2022 to December 13, 2022

The Fed Projects Raising Rates as High as 5.1% Before Ending Inflation Battle

Headline from NBC Los Angeles

The Federal Reserve expects it will hike interest rates as high as 5.1% in 2023 before the central bank ends its fight against runaway inflation.

NBC Los Angeles's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

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Reports & sources

17 articles, oldest first.

Local News 8
How the Fed could do a smaller rate hike and still upset markets (opens Local News 8)
Published Dec 12, 2022
Local News 8's feed description
By Nicole Goodkind, CNN The Federal Reserve is expected to respond to persistently high inflation by hiking interest rates half a point on Wednesday. That will mark its seventh and final painful hike of the year, albeit a smaller one than the last four historically high three-quarter point increases…
NBC 5 Dallas-Fort Worth
The Fed Has to Portray Itself as Tough on Inflation Even as It Pushes Through a Smaller Rate Hike (opens NBC 5 Dallas-Fort Worth)
Published Dec 12, 2022
NBC 5 Dallas-Fort Worth's feed description
The Fed is expected to raise interest rates by a smaller half percentage point Wednesday yet signal that its battle with inflation is still far from over.
Christian Science Monitor
As US inflation slows, FED plans interest rates hike (opens Christian Science Monitor)
Published Dec 12, 2022
Christian Science Monitor's feed description
U.S. inflation slowed again in November for the fifth straight month, a sign that price increases are cooling. Despite slowing inflation, the Fed has continued raising interest rates, leading some economists to warn of an impending recession.
Washington Examiner
Fed slows rate-hiking campaign in sign of confidence in battle against inflation (opens Washington Examiner)
Published Dec 13, 2022
Washington Examiner's feed description
The Federal Reserve conducted a smaller interest rate hike than in recent months, indicating that the central bank is confident its actions are starting to work to lower inflation and that it hopes to avoid a recession.
FOX Business
Fed likely to slow interest rate hikes at final meeting of the year (opens FOX Business)
Published Dec 13, 2022
FOX Business's feed description
High inflation will likely keep the Fed on track to continue raising interest rates well into 2023 as policymakers try to crush stubbornly high prices.
NBC Los Angeles
The Fed Projects Raising Rates as High as 5.1% Before Ending Inflation Battle (opens NBC Los Angeles)
Published Dec 13, 2022
NBC Los Angeles's feed description
The Federal Reserve expects it will hike interest rates as high as 5.1% in 2023 before the central bank ends its fight against runaway inflation.
The Week
What the latest Fed rate hike means for the economy (opens The Week)
Published Dec 13, 2022
NBC Los Angeles
The Fed Expects More Rate Hikes, Despite a Smaller 50 Basis Point Increase: ‘We Still Have a Long Way to Go' (opens NBC Los Angeles)
Published Dec 13, 2022
NBC Los Angeles's feed description
The Fed slows pace of interest rate hikes for the first time this year, although more rate hikes are expected in 2023.
Al Jazeera
US Fed hikes interest rates by 0.5 percent, says more to come (opens Al Jazeera)
Published Dec 13, 2022
Al Jazeera's feed description
The US central bank projected interest rates rising to 5.1 percent in 2023, higher than what investors expected.
Time
The Fed Just Hiked Rates Again. Why This Time Is Different and What it Means for Your Wallet (opens Time)
Published Dec 13, 2022
Time's feed description
The Federal Reserve just raised rates. Here’s what it could mean for inflation and interest rates in the new year.
Forbes
Fed Hikes Rates By 0.50 Percentage Points As Inflation Falls (opens Forbes)
Published Dec 13, 2022
Forbes's feed description
The ‘dot plot’ of the Fed members shows a median projection of the base rate hitting 5.1% by the end of 2023, before coming down in subsequent years.
FOX Business
Fed slows interest rate increases with 50-basis-point hike, but signals more to come (opens FOX Business)
Published Dec 13, 2022
FOX Business's feed description
The Federal Reserve enacted its seventh consecutive interest rate hike this year as it attempts to cool inflation without triggering an economic recession.
Kiplinger
Federal Reserve Hikes Interest Rates Again (opens Kiplinger)
Published Dec 13, 2022
Kiplinger's feed description
As was widely expected, the central bank slowed its pace of interest rate increases, raising the fed funds rate by 0.5%.
Insider
The Fed's slower interest rate hike this month is good news for Americans looking to buy a car, house, or use their credit card in 2023 (opens Insider)
Published Dec 13, 2022
Insider's feed description
The Federal Reserve raised interest rates by 50 basis points on Wednesday in its latest efforts to fight inflation while trying to avoid a recession.
Deseret News
Federal Reserve raises interest rates once again — but at a slower rate (opens Deseret News)
Published Dec 13, 2022
Deseret News's feed description
Federal interest rates have reached their highest point in 15 years — but is there a light at the end of the tunnel?
The New Republic
Federal Reserve Hikes Interest Rates up .5%, Slowing Pace of Increases (opens The New Republic)
Published Dec 13, 2022
The New Republic's feed description
More on what exactly the increase in the interest rate means.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.