Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Federal Reserve raises interest rates to a 22-year high

The US Federal Reserve has raised interest rates by a quarter of a percentage point, taking rates to a 22-year high.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read more: Jerome PowellFederal Open Market CommitteeReserve Bank of Australia