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Fed Raises Rates to Battle Inflation | Greenville News
The Fed just raised rates for the first time in three years, hitting 3.75% to 4%, aiming to crush stubborn inflation and get back to their 2% target — now projected to take until 2029. Chair Kevin Warsh stressed the Fed’s independence and commitment to price stability, with most officials expecting at least one more hike this year. This move is designed to protect everyday Americans, especially those hit hardest by rising costs, so wages can keep up and real incomes don’t shrink. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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