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Fed Raises Rates by a Quarter Point

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Fed Raises Rates by a Quarter Point

Economy

Fed Raises Rates by a Quarter Point

Fed Raises Rates by a Quarter Point

  • Download
  • <iframe src="https://www.npr.org/player/embed/4228871/4228872" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Federal Reserve is raising interest rates for the fifth time since June. The quarter-point increase will put the federal funds rate at 2 1/4 percent. Fed policymakers say that they plan to keep raising interest rates for the foreseeable future. NPR's Jim Zarroli reports.

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