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Coverage dated November 1, 2022

Fed levies another jumbo interest hike as job market, consumer spending prove resistant to suppression strategy

Headline from Deseret News

After its two-day meeting, the Federal Reserve announced another .75% increase to its benchmark lending rate, marking the fourth straight increase of that size and sixth overall interest this year.

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

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Reports & sources

6 articles, oldest first.

  1. Deseret News

    Fed levies another jumbo interest hike as job market, consumer spending prove resistant to suppression strategy (opens Deseret News)

    Published

    Deseret News's feed description

    After its two-day meeting, the Federal Reserve announced another .75% increase to its benchmark lending rate, marking the fourth straight increase of that size and sixth overall interest this year.

  2. NBC Los Angeles

    The Fed Announces 4th Consecutive ‘Jumbo' Interest Rate Hike of 75 Basis Points—Here Are 4 Things That Will Be More Expensive (opens NBC Los Angeles)

    Published

    NBC Los Angeles's feed description

    As the Fed fights inflation with another 0.75 percentage point hike, the debt costs for credit cards, loans, and auto financing will continue to rise.

  3. New York Times

    Fed Ushers In Fourth Jumbo Rate Increase to Fight Inflation (opens New York Times)

    Published

    New York Times's feed description

    The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.

  4. CBS News

    The Fed is set for another jumbo rate hike. Here's the impact on your finances. (opens CBS News)

    Published

    CBS News's feed description

    The central bank is expected to increase rates by 0.75 percentage points on Wednesday, its sixth boost this year.

  5. NPR

    The Fed is poised for another jumbo interest rate hike. Many are wondering what's next (opens NPR)

    Published

    NPR's feed description

    The Federal Reserve is expected to raise interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

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