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Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation (Video)

Posted By: Social News XYZ July 26, 2023

The Federal Reserve raised its key interest rate a quarter point. This is the 11th rate raise in 17 months in a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession. #interestrate

Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation (Video)

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Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation (Video)

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Summary
Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation (Video)
Title
Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation (Video)
Description

The Federal Reserve raised its key interest rate a quarter point. This is the 11th rate raise in 17 months in a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession. #shorts #inflation #interestrate