Wednesday, July 26, 2023

NYT : The Federal Reserve raised interest rates Wednesday, July 26, 2023 2:03 PM ET

 

 
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The New York Times
 

BREAKING NEWS

The Federal Reserve raised interest rates by a quarter point, to the highest level in 22 years, as it continued to wrestle with inflation.

Wednesday, July 26, 2023 2:03 PM ET

Officials pushed rates to a range of 5.25 to 5.5 percent, their highest level since 2001, while leaving the door open to further rate increases.

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