NewsPronto

 
Men's Weekly

.

USA Conversation

The Conversation USA

The Conversation USA

5 things to know about the Fed's biggest interest rate increase since 1994 and how it will affect you

  • Written by D. Brian Blank, Assistant Professor of Finance, Mississippi State University
imageWall Street is following Fed rate hike news with rapt attention.AP Photo/Seth Wenig

The Federal Reserve on June 15, 2022, lifted interest rates by 0.75 percentage point, the third hike this year and the largest since 1994. The move is aimed at countering the fastest pace of inflation in over 40 years.

Wall Street had been expecting a half-point...

Read more: 5 things to know about the Fed's biggest interest rate increase since 1994 and how it will affect...

More Articles ...

  1. Woodward and Bernstein didn't bring down a president in Watergate – but the myth that they did lives on
  2. Tumblr's enduring appeal reveals the potency of the web's cultural memory
  3. EU law would require Big Tech to do more to combat child sexual abuse, but a key question remains: How?
  4. Fertilizer prices are soaring – and that's an opportunity to promote more sustainable ways of growing crops
  5. Satellites zoom in on cities' hottest neighborhoods to help combat the urban heat island effect
  6. Where the witches were men: A historian explains what magic looked like in early modern Russia
  7. When all else fails to explain American violence, blame a rapper and hip-hop music
  8. Russians with diverse media diet more likely to oppose Ukraine war
  9. Elder abuse comes in many forms – appropriate Adult Protective Services referrals can help reduce mistreatment
  10. Patriarchy and purity culture combine to silence women in the Southern Baptist Convention – and are blocking efforts to address the sexual abuse scandal
  11. From 'dada' to Darth Vader – why the way we name fathers reminds us we spring from the same well
  12. 'Show' trial of foreign fighters in Donetsk breaks with international law – and could itself be a war crime
  13. There is no one 'religious view' on abortion: A scholar of religion, gender and sexuality explains
  14. Could steam-powered cars decrease the CO2 in the atmosphere?
  15. Alcohol is becoming more common in sexual assault among college students
  16. Grassroots mojo and 4 other reasons Starbucks workers have been so successful unionizing
  17. Immigrants are only 3.5% of people worldwide – and their negative impact is often exaggerated, in the U.S. and around the world
  18. Why Muslim countries are quick at condemning defamation – but often ignore rights violations against Muslim minorities
  19. Inflation hits fresh 40-year high, pushing Fed to get more aggressive with interest rates – and the 'Beveridge curve' should give it courage to do so
  20. Why opting out of opioids can be dangerous in the operating room
  21. What 'grassroots humanitarians' eager to travel to Ukraine or its borders should know before dashing off
  22. Give this AI a few words of description and it produces a stunning image – but is it art?
  23. Decades after special education law and key ruling, updates still languish
  24. What is chronic wasting disease? A wildlife scientist explains the fatal prion infection killing deer and elk across North America
  25. Biden just declared heat pumps and solar panels essential to national defense – here's why and the challenges ahead
  26. Sepsis still kills 1 in 5 people worldwide – two ICU physicians offer a new approach to stopping it
  27. Jan. 6 hearing gives primetime exposure to violent footage and dramatic evidence – the question is, to what end?
  28. Blaming 'evil' for mass violence isn’t as simple as it seems – a philosopher unpacks the paradox in using the word
  29. Newly discovered fast radio burst challenges what astronomers know about these powerful astronomical phenomena
  30. Regardless of seditious conspiracy charges' outcome, right-wing groups like Proud Boys seek to build a white nation
  31. What is 'committed warming'? A climate scientist explains why global warming can continue after emissions end
  32. Imposing penalties can deter rule breakers – but the timing needs to be right
  33. Migration to the US is on the rise again – but it's unlikely to be fully addressed during the Summit of the Americas, or anytime soon
  34. Nations are pledging to create ocean preserves – how do those promises add up?
  35. ADHD: Medication alone doesn't improve classroom learning for children – new research
  36. 'Jurassic World' scientists still haven't learned that just because you can doesn't mean you should – real-world genetic engineers can learn from the cautionary tale
  37. People overestimate groups they find threatening – when 'sizing up' others, bias sneaks in
  38. Did the assault weapons ban of 1994 bring down mass shootings? Here's what the data tells us
  39. Conservative Supreme Court justices disagree about how to read the law
  40. How your race, class and gender influence your dreams for the future
  41. No, Latinos don't actually have less heart disease – a new large study refutes the longstanding 'Latino paradox'
  42. US tragedies from guns have often – but not always – spurred political responses
  43. Why can't you remember being born, learning to walk or saying your first words? What scientists know about 'infantile amnesia'
  44. Primaries are getting more crowded with candidates, and that's good news for extremists and bad news for voters
  45. What triggers the 'trigger laws' that could ban abortions?
  46. How a public hearing is different from an investigation – and what that means for the Jan. 6 committee
  47. As one of Vladimir Putin's closest advisers on Ukraine, Nicolai Patrushev spreads disinformation and outlandish conspiracy theories
  48. Biden throws US solar industry a lifeline with tariff relief, but can incentives bring manufacturing back?
  49. Biden throws US solar installers a lifeline with tariff relief, but can incentives bring manufacturing back?
  50. Global arms industry getting shakeup by war in Ukraine – and China and US look like winners from Russia’s stumbles