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Fed lifts interest rates another quarter point despite major bank distress

The Federal Reserve on Wednesday lifted interest rates by a quarter of a percentage point, staying focused on inflation and tuning out fears that higher borrowing costs may perpetuate turbulence for more banks.

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    • Federal Reserve
    • Interest Rates
    • Inflation
    • Jerome Powell
    • Federal Deposit Insurance Corporation
Fed lifts interest rates another quarter point despite major bank distress
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    Fed Lifts Rates Another Quarter Point Despite Major Bank Distress | Bankrate

    Fed Lifts Rates Another Quarter Point Despite Major Bank Distress | Bankrate

    The Federal Reserve on Wednesday lifted interest rates by a quarter of a percentage point, staying focused on inflation and tuning out fears that …

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