Business

Fed to struggle inflation with quickest price hikes in many years | Enterprise



WASHINGTON — The Federal Reserve is poised this week to speed up its most drastic steps in three many years to assault inflation by making it costlier to borrow — for a automobile, a house, a enterprise deal, a bank card buy — all of which is able to compound Americans’ monetary strains.

This web page requires Javascript.

Javascript is required for you to have the ability to learn premium content material. Please allow it in your browser settings.

okayAm*6E H:E9 :?7=2E:@? 92G:?8 k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^FD:?7=2E:@?C2E69:DE@C:49:89c32bcbd44bfb_`hg6ahheh_2h5heg_bgQmDFC865 E@ 2 c_J62C 9:89k^2m[ E96 u65 92D 4@>6 F?56C kDA2? 4=2DDlQAC:?E0EC:>Qm6IEC2@C5:?2CJk^DA2?m AC6DDFC6 E@ 24E 288C6DD:G6=J E@ D=@H DA6?5:?8 2?5 4FC3 E96 AC:46 DA:<6D E92E 2C6 3656G:=:?8 9@FD69@=5D 2?5 4@>A2?:6D]okay^Am

okayAmp7E6C :ED =2E6DE C2E6D6EE:?8 >66E:?8 6?5D (65?6D52J[ E96 u65 H:== 2=>@DE 46CE2:?=J 2??@F?46 E92E :E’D C2:D:?8 :ED 36?49>2C< D9@CEE6C> :?E6C6DE C2E6 3J 2 92=7A6C46?E286 A@:?E — E96 D92CA6DE C2E6 9:<6 D:?46 a___] kDA2? 4=2DDlQAC:?E0EC:>Qm%96 u65 H:== =:<6=J 42CCJ @FE 2?@E96C 92=7A@:?E C2E6 9:<6 2E :ED ?6IE >66E:?8 😕 yF?6 2?5 A@DD:3=J 2E E96 ?6IE @?6 27E6C E92E[ 😕 yF=J] t4@?@>:DED 7@C6D66 DE:== 7FCE96C C2E6 9:<6D 😕 E96 >@?E9D E@ 7@==@H]okay^DA2?mk^Am

okayAm%96 u65 😀 2=D@ 6IA64E65 E@ 2??@F?46 kDA2? 4=2DDlQAC:?E0EC:>Qm(65?6D52Jk^DA2?mE92E :E H:== 368:? kDA2? 4=2DDlQAC:?E0EC:>QmBF:4<=Jk^DA2?m D9C:?<:?8 :ED G2DE DE@4<A:=6 @7 %C62DFCJ 2?5 >@CE8286 3@?5D 368:??:?8 😕 yF?6 — 2 >@G6 E92E H:== 92G6 E96 67764E @7 7FCE96C E:89E6?:?8 4C65:E]kDA2? 4=2DDlQAC:?E0EC:>Qmr92:C y6C@>6 !@H6== 2?5 E96 u65 H:== E2<6 E96D6 DE6AD =2C86=J 😕 E96 52C<] }@ @?6 <?@HD ;FDE 9@H 9:89 E96 46?EC2= 32?<’D D9@CEE6C> C2E6 >FDE 8@ E@ D=@H E96 64@?@>J 2?5 C6DEC2:? :?7=2E:@?] }@C 5@ E96 @77:4:2=D <?@H 9@H >F49 E96J 42? C65F46 E96 u65’D F?AC64656?E65 Sh EC:==:@? 32=2?46 D966E 367@C6 E96J C:D< 56DE23:=:Ok:?8 7:?2?4:2= >2C<6ED]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qm“x =:<6? :E E@ 5C:G:?8 😕 C6G6CD6 H9:=6 FD:?8 E96 C62CG:6H >:CC@C[” D2:5 s:2?6 $H@?<[ 49:67 64@?@>:DE 2E E96 4@?DF=E:?8 7:C> vC2?E %9@C?E@?] “%96J ;FDE 5@?’E <?@H H92E @3DE24=6D E96J’C6 8@:?8 E@ 9:E]”okay^DA2?mk^Am

okayAm|2?J 64@?@>:DED E9:?< E96 u65 k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^4@C@?2G:CFDA2?56>:4962=E93FD:?6DD:?7=2E:@?;6C@>6A@H6==a73`3dhg`ae7d2ae2_bgg_bb6aff4f34Qm:D 2=C625J 24E:?8 E@@ =2E6k^2m] tG6? 2D :?7=2E:@? 92D D@2C65[ E96 u65’D 36?49>2C< C2E6 😀 😕 2 C2?86 @7 ;FDE _]adT E@ _]dT[ 2 =6G6= =@H 6?@F89 E@ DE:>F=2E6 8C@HE9] p5;FDE65 7@C :?7=2E:@?[ E96 u65’D <6J C2E6 — H9:49 :?7=F6?46D >2?J 4@?DF>6C 2?5 3FD:?6DD =@2?D — 😀 566A 😕 ?682E:G6 E6CC:E@CJ]kDA2? 4=2DDlQAC:?E0EC:>Qm%92E’D H9J !@H6== 2?5 @E96C u65 @77:4:2=D k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^3FD:?6DD6FC@A6AC:46D:?7=2E:@?;6C@>6A@H6==f3ca2a22_b3e3_3_7bh7f_h5_4b4beacQm92G6 D2:5 😕 C646?E H66<Dk^2m E92E E96J H2?E E@ C2:D6 C2E6D “6IA65:E:@FD=J[” E@ 2 =6G6= E92E ?6:E96C 3@@DED ?@C C6DEC2:?D E96 64@?@>J — H92E 64@?@>:DED C676C E@ 2D E96 “?6FEC2=” C2E6] !@=:4J>2<6CD 4@?D:56C 2 ?6FEC2= C2E6 E@ 36 C@F89=J a]cT] qFE ?@ @?6 😀 46CE2:? H92E E96 ?6FEC2= C2E6 😀 2E 2?J A2CE:4F=2C E:>6[ 6DA64:2==J 😕 2? 64@?@>J E92E 😀 6G@=G:?8 BF:4<=J]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qmx7[ 2D >@DE 64@?@>:DED 6IA64E[ E96 u65 E9:D J62C 42CC:6D @FE E9C66 92=7A@:?E C2E6 9:<6D 2?5 E96? 7@==@HD H:E9 E9C66 BF2CE6CA@:?E 9:<6D[ :ED C2E6 H@F=5 C6249 C@F89=J ?6FEC2= 3J J62C’D 6?5] %9@D6 :?4C62D6D H@F=5 2>@F?E E@ E96 72DE6DE A246 @7 C2E6 9:<6D D:?46 `hgh[ ?@E65 #@36CE@ !6C=:[ 2? 64@?@>:DE 2E !:A6C $2?5=6C]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>QmtG6? 5@G:D9 u65 @77:4:2=D[ DF49 2D r92C=6D tG2?D[ AC6D:56?E @7 E96 u656C2= #6D6CG6 q2?< @7 r9:428@[ 92G6 6?5@CD65 E92E A2E9] Wu65 “5@G6D” EJA:42==J AC676C <66A:?8 C2E6D =@H E@ DFAA@CE 9:C:?8[ H9:=6 “92H<D” @7E6? DFAA@CE 9:896C C2E6D E@ 4FC3 :?7=2E:@?]Xk^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qm!@H6== k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^3FD:?6DD6FC@A6AC:46D:?7=2E:@?;6C@>6A@H6==f3ca2a22_b3e3_3_7bh7f_h5_4b4beacQmD2:5 =2DE H66<okay^2m E92E @?46 E96 u65 C62496D :ED ?6FEC2= C2E6[ :E >2J E96? E:89E6? 4C65:E 6G6? 7FCE96C — E@ 2 =6G6= E92E H@F=5 C6DEC2:? 8C@HE9 — “:7 E92E EFC?D @FE E@ 36 2AAC@AC:2E6]” u:?2?4:2= >2C<6ED 2C6 AC:4:?8 😕 2 C2E6 2D 9:89 2D b]eT 3J >:5a_ab[ H9:49 H@F=5 36 E96 9:896DE 😕 `d J62CD]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>QmtIA64E2E:@?D 7@C E96 u65’D A2E9 92G6 364@>6 4=62C6C @G6C ;FDE E96 A2DE 76H >@?E9D 2D :?7=2E:@? 92D :?E6?D:7:65] %92E’D 2 D92CA D9:7E 7C@> ;FDE 2 76H >@?E9 28@i p7E6C E96 u65 >6E 😕 y2?F2CJ[ !@H6== D2:5[ “xE 😀 ?@E A@DD:3=6 E@ AC65:4E H:E9 >F49 4@?7:56?46 6I24E=J H92E A2E9 7@C @FC A@=:4J C2E6 😀 8@:?8 E@ AC@G6 2AAC@AC:2E6]”okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qmy@? $E6:?DD@?[ 2? 64@?@>:4D AC@76DD@C 2E E96 &?:G6CD:EJ @7 r2=:7@C?:2[ q6C<6=6J[ E9:?<D E96 u65 D9@F=5 AC@G:56 >@C6 7@C>2= 8F:52?46[ 8:G6? 9@H 72DE E96 64@?@>J 😀 492?8:?8 😕 E96 27E6C>2E9 @7 E96 A2?56>:4 C646DD:@? 2?5 #FDD:2’D H2C 282:?DE &<C2:?6[ H9:49 92D 6I246C32E65 DFAA=J D9@CE286D 24C@DD E96 H@C=5] %96 u65’D >@DE C646?E 7@C>2= 7@C642DE[ 😕 |2C49[ 925 AC@;64E65 D6G6? BF2CE6CA@:?E C2E6 9:<6D E9:D J62C — 2 A246 E92E 😀 2=C625J 9@A6=6DD=J @FE @7 52E6]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qm$E6:?DD@?[ H9@ 😕 62C=J y2?F2CJ 925 42==65 7@C 2 BF2CE6CA@:?E :?4C62D6 2E 6G6CJ >66E:?8 E9:D J62C[ D2:5 =2DE H66<[ “xE 😀 2AAC@AC:2E6 E@ 5@ E9:?8D 72DE E@ D6?5 E96 D:8?2= E92E 2 AC6EEJ D:8?:7:42?E 2>@F?E @7 E:89E6?:?8 😀 ?66565]”okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qm~?6 492==6?86 E96 u65 7246D 😀 E92E E96 ?6FEC2= C2E6 😀 6G6? >@C6 F?46CE2:? ?@H E92? FDF2=] (96? E96 u65’D <6J C2E6 C624965 a]adT E@ a]dT 😕 a_`g[ :E EC:886C65 2 5C@A@77 😕 9@>6 D2=6D 2?5 7:?2?4:2= >2C<6ED 76==] %96 !@H6== u65 C6DA@?565 3J 5@:?8 2 &EFC?i xE 4FE C2E6D E9C66 E:>6D 😕 a_`h] %92E 6IA6C:6?46 DF886DE65 E92E E96 ?6FEC2= C2E6 >:89E 36 =@H6C E92? E96 u65 E9:?<D]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>QmqFE 8:G6? 9@H >F49 AC:46D 92G6 D:?46 DA:<65[ E96C63J C65F4:?8 :?7=2E:@?25;FDE65 :?E6C6DE C2E6D[ H92E6G6C u65 C2E6 H@F=5 24EF2==J D=@H 8C@HE9 >:89E 36 72C 23@G6 a]cT]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qm$9C:?<:?8 E96 u65’D 32=2?46 D966E 255D 2?@E96C F?46CE2:?EJ] %92E 😀 A2CE:4F=2C=J ECF6 8:G6? E92E E96 u65 😀 6IA64E65 E@ =6E Shd 3:==:@? @7 D64FC:E:6D C@== @77 6249 >@?E9 2D E96J >2EFC6] %92E’D ?62C=J 5@F3=6 E96 Sd_ 3:==:@? A246 :E >2:?E2:?65 367@C6 E96 A2?56>:4[ E96 =2DE E:>6 :E C65F465 :ED 3@?5 9@=5:?8D]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qm“%FC?:?8 EH@ <?@3D 2E E96 D2>6 E:>6 5@6D >2<6 :E 2 3:E >@C6 4@>A=:42E65[” D2:5 t==6? v2D<6[ =625 64@?@>:DE 2E !vx| u:I65 x?4@>6]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>QmqC6EE #J2?[ 2? 64@?@>:DE 2E s6FED496 q2?<[ D2:5 E96 32=2?46D966E C65F4E:@? H:== 36 C@F89=J 6BF:G2=6?E E@ E9C66 BF2CE6CA@:?E :?4C62D6D E9C@F89 ?6IE J62C] (96? 25565 E@ E96 6IA64E65 C2E6 9:<6D[ E92E H@F=5 EC2?D=2E6 :?E@ 23@FE c A6C46?E286 A@:?ED @7 E:89E6?:?8 E9C@F89 a_ab] $F49 2 5C2>2E:4 DE6AFA 😕 3@CC@H:?8 4@DED H@F=5 D6?5 E96 64@?@>J :?E@ C646DD:@? 3J =2E6 ?6IE J62C[ s6FED496 q2?< 7@C642DED]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qm*6E !@H6== 😀 4@F?E:?8 @? E96 C@3FDE ;@3 >2C<6E 2?5 D@=:5 4@?DF>6C DA6?5:?8 E@ DA2C6 E96 &]$] DF49 2 72E6] %9@F89 E96 64@?@>J k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^FD64@?@>JD9C:?<D:?”`f63cdc2fgfc23632dcd7gfhe653bg653QmD9C2?< 😕 E96 y2?F2CJ|2C49 BF2CE6C 3J 2 `]cT 2??F2= C2E6k^2m[ 3FD:?6DD6D 2?5 4@?DF>6CD :?4C62D65 E96:C DA6?5:?8 2E 2 D@=:5 A246]okay^DA2?mk^Am

okayAmkDA2? 4=2DDlQAC:?E0EC:>Qmx7 DFDE2:?65[ E92E DA6?5:?8 4@F=5 <66A E96 64@?@>J 6IA2?5:?8 😕 E96 4@>:?8 >@?E9D 2?5 A6C92AD 36J@?5]okay^DA2?mk^Am



Source hyperlink

Leave a Reply

Your email address will not be published.

close