Everand Logo

Welcome to Everand!

  • NPR

    Fed Expected To Raise Rates Despite Trump Attacks

    Federal Reserve officials have signaled they're ready to raise the benchmark borrowing rate to a range from 2.25 percent to 2.50 percent, a move that would put them at the highest level in a decade.
    by Emily Sullivan Dec 19, 2018 2 minutes
    Federal Reserve Board Chairman Jerome Powell speaks during a Rural Housing Assistance Council Awards Reception, on Dec. 6 in Washington, D.C.

    Despite pressure from President Trump and members of his administration, the Federal Reserve is expected to raise interest rates for the fourth time this year on Wednesday.

    Fed officials have signaled they're ready to raise their key borrowing rate to the highest level in a decade — to a range of 2.25 percent to 2.50 percent.

    You’re reading a preview, subscribe to read more.

    More from NPR

    NPR5 min readWorld
    Violence Erupts At UCLA As Protests Over Israel's War In Gaza Escalate Across The U.S.
    Members of pro-Palestinian and pro-Israel groups in Los Angeles clashed, with reports of fireworks and pepper spray use. Elsewhere, universities are tearing down encampments and arresting students.
    NPR3 min readAmerican Government
    NPR Poll: Democrats Fear Fascism, And Republicans Worry About A Lack Of Values
    A new 2024 election poll from NPR/PBS NewsHour/Marist shows fundamental divides over concerns for America's future and what to teach the next generation.
    NPR2 min readFinance & Money Management
    Fed Keeps Interest Rates At 23-year High
    The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.

    Related Books & Audiobooks