Skip to Content
ON
DEMAND
Subscribe Now
News
Series
Conferences
Insights
Features
MORE
FORTUNE.COM
FORTUNE LIVE MEDIA
FORTUNE CONNECT
Search
SIGN IN
Subscribe Now
Loading...
News
The Fed makes its biggest rate hike in two decades, raising rates by a half point
May 04, 2022 00:00 AM UTC
- Updated May 04, 2022 19:46 PM UTC
Jerome Powell: “It is essential that we bring inflation down.”
Sections
Finance
Tags
interest rate hike
interest rates
Jerome Powell
Federal Reserve Bank
federal reserve
the fed