/Fed Interest-Rate Decision Tees Up March Increase – The Wall Street Journal

Fed Interest-Rate Decision Tees Up March Increase – The Wall Street Journal


The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to bring down inflation.

Fed Chairman Jerome Powell said Wednesday that the central bank was ready to raise rates at its March 15-16 meeting and could continue to lift them faster than it did during the past decade.

Original Source