Chapter
The Federal Reserve Raises Interest Rates
33:22 - 35:00 (01:37)
The Federal Reserve recently raised interest rates by half a percentage point, as there are signs that inflation is easing. The new benchmark interest rate is its highest in 15 years and is expected to rise to over 5 percent by the end of next year.
Clips
The Federal Reserve raised interest rates, but by a smaller hike than previous increases as there are some signs that inflation is easing.
33:22 - 35:00 (01:37)
Federal Reserve
Summary
The Federal Reserve raised interest rates, but by a smaller hike than previous increases as there are some signs that inflation is easing. The new benchmark interest rate is at its highest point in 15 years, and it is expected to rise to over 5% by the end of next year.