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The Conversation USA

Why the Fed raised interest rates by the smallest amount since it began its epic inflation fight

  • Written by William Chittenden, Associate Professor of Finance, Texas State University
imageMarkets reacted positively to Fed Chair Powell's acknowledging “disinflation” is happening. AP Photo/Seth Wenig

The Federal Reserve’s policy-setting committee lifted interest rates on Feb. 1, 2023, by a quarter of a percentage point to a range of 4.5% to 4.75%. The increase, the smallest since the Fed began an aggressive campaign...

Read more: Why the Fed raised interest rates by the smallest amount since it began its epic inflation fight

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