Business Fast > US economy > Fed Raises Interest Rates a Quarter of a Point US economyFed Raises Interest Rates a Quarter of a PointMarch 23, 2023posted on Mar. 23, 2023 at 1:54 pm Jerome H. Powell said that the Federal Reserve raised interest rates to combat inflation amid turmoil in the banking system. READ SOURCE tweet Share on FacebookShare on TwitterShare on LinkedInShare on RedditMorebusinessfastMarch 23, 2023previous articleTikTok star who was 'gorgeous inside and out' dies after brave cancer battlenext articleSterling struggle for direction after BoE rate hikeYou Might Also LikeUS economyGermany’s new economy boss has a plan — and it starts with risk, speed and big betsMay 9, 2025US economyFederal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategyMay 7, 2025Countdown to Scott Bessent’s Trade Talks With ChinaMay 7, 2025US economyUK and India strike trade deal after three years of talksMay 6, 2025Berkshire board approves Abel as next CEO, Buffett to stay on as chairman- CNBCMay 5, 2025US economyTrump’s promised ‘golden age’ for the US economy is off to a chaotic startMay 3, 2025Recommended For YouFinance'I freaked out and spent $400 online – it felt like a last hurrah'May 10, 2025FinanceSportsMarta Kostyuk praises Daria Kasatkina ‘courage’ and shakes hands at Italian OpenMay 10, 2025SportsSportsLiverpool make £30m Manchester United target a ‘leading candidate’ to replace Trent Alexander-ArnoldMay 10, 2025SportsSportsCoventry City v Sunderland: Championship playoff semi-final, first leg – liveMay 9, 2025SportsFinanceBank cuts mortgage payments to £0 for three monthsMay 9, 2025Finance
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