Fed Expected to Raise Interest Rates Economists expect the Federal Reserve to raise short-term interest rates by a quarter percentage point Tuesday. That would bring the benchmark federal funds rate to 2 3/4 percent. The Fed has been gently reining in the nation's money supply in an effort to keep inflation in check without choking off economic growth.
NPR logo

Fed Expected to Raise Interest Rates

  • Download
  • <iframe src="https://www.npr.org/player/embed/4554622/4554623" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Fed Expected to Raise Interest Rates

Fed Expected to Raise Interest Rates

Fed Expected to Raise Interest Rates

  • Download
  • <iframe src="https://www.npr.org/player/embed/4554622/4554623" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Economists expect the Federal Reserve to raise short-term interest rates by a quarter percentage point Tuesday. That would bring the benchmark federal funds rate to 2 3/4 percent. The Fed has been gently reining in the nation's money supply in an effort to keep inflation in check without choking off economic growth.