Coverage dated September 18, 2026 to September 22, 2026
Federal Reserve official says inflation persistence led her to support interest rate hike
Headline from WFMZ Allentown
WASHINGTON (AP) — A top Federal Reserve official said Monday 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…
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By Robert Romano The Federal Reserve on Sept. 16 unsurprisingly and unanimously hiked the federal funds rate for the first time since July 2023 as disinflation from
The low interest-rate, low-inflation world that lasted for nearly 15 years after the Great Recession is over and a higher-priced, higher-rate world is taking its place.
The Federal Reserve raised interest rates last week for the first time since 2023, a move aimed at fighting inflation. Financial expert Barry Bigelow says the impact will depend on whether you're borrowing money or saving it.
WASHINGTON, D.C. (KTVE/KARD) -- The Federal Reserve is raising interest rates in an effort to cut inflation. Watch the video above for more information.
WASHINGTON (AP) — A top Federal Reserve official said Monday 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…