Federal Reserve rate hike is 9th since March 2022

By Washington Examiner
Published March 23, 2023 12:03pm ET
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Federal Reserve rate hike is 9th since March 2022
In this Dec. 1, 2020 file photo, Federal Reserve Chairman Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. | (Al Drago/NYTimes/AP)

(The Center Square) – The Federal Reserve announced a key interest rate hike Wednesday, the ninth time it has done so since early 2022 in its effort to combat rising inflation.

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Economics Federal Inflation Jerome Powell Money