Fed Hikes Interest Rates Again

“The Fed­eral Re­serve ap­proved an­other quar­ter-per­cent­age-point in­ter­est-rate rise and sig­naled it could be done lift­ing rates af­ter that?” the Wall Street Journal reports.

“The de­ci­sion Wednes­day marked the Fed’s tenth con­sec­u­tive rate in­crease aimed at bat­tling in­fla­tion and will bring its bench­mark fed­eral-funds rate to a range be­tween 5% and 5.25%, a 16-year high.”