Federal Reserve boosts key rate by another 75 basis points, third in a row

Sep. 21, 2022 2:00 PM ETBy: Liz Kiesche, SA News Editor209 Comments

The Fed & Inflations - Federal Reserve - Central Banking

Douglas Rissing

As expected, the Federal Reserve has bolstered its key rate by 75 basis points, bringing it to 3.00%-3.25% on Wednesday, its highest point since 2008, as the central bank struggles to tame inflation. That makes it the third straight rate increase

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