The Fed orders another jumbo interest rate hike, Many are wondering what’s next :

The central bank raised its benchmark interest rate by 3/4 of a percentage point. The rate, which was near zero in March, has jumped 3.75 percentage points in the last eight months. That’s the most aggressive string of rate hikes in decades, but so far it’s done little to curb inflation. The Federal Reserve ordered … Continue reading The Fed orders another jumbo interest rate hike, Many are wondering what’s next :