Fed lifts rates by another three-quarters of a percentage point to curb runaway inflation
Not since the 1980s have officials raised rates this much in a single year.
7 min read
Sep 21, 2022
Brian Beers
Former Managing Editor
EXPERTISE
- Investing
- Banking
- Economy
- Sports business
EDUCATION
- Bachelor's degree in Finance, Syracuse University
About the author
Brian Beers is a former managing editor for Bankrate. He oversaw editorial coverage of banking, investing, the economy and all things money. Previously, he was the director of editorial production for CNBC Digital where he received an Emmy-nomination for the long-form digital feature "Boom, Bust and Blame: The Inside Story of America's Economic Crisis."
Brian is driven to help people learn more about their money and investments knowing that it could end up positively impacting them in a real-life financial decision someday.
His work has been published on CNBC, Investopedia, MagnifyMoney, NBC Sports, The Drive and Yahoo. He also spent a number of years as the lead digital producer of SportsBiz with Darren Rovell.
Brian holds a B.S. in finance from Syracuse University and lives in New York with his family.
Brian's latest articles
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What are Hispanic American-owned banks and how can you support them?
These institutions provide essential banking services to people in the Hispanic and Latino communities.
5 min read Aug 16, 2022 -
Fed raises rates by three-quarters of a point for second straight meeting
The Fed hasn’t raised rates this much in a single year since 1994.
7 min read Jul 27, 2022 -
How freelance artists can manage their money
Being successful as a freelancer requires strong money management skills — these tips can help.
7 min read Jul 20, 2022 -
Fed hikes interest rates by three-quarters of a point to combat decades-high inflation
The Fed’s move is the biggest increase since 1994 and undoubtedly raises the risks of a recession.
7 min read Jun 15, 2022 -
Federal Reserve raises interest rates by a half point to fight soaring inflation
The Fed is withdrawing stimulus at the fastest pace in decades.
7 min read May 04, 2022 -
Survey: Experts see a big slowdown in job growth as hawkish Fed raises rates
Job creation is expected to be almost two times slower over the next 12 months.
4 min read Mar 31, 2022 -
Survey: More than half of economists say surging inflation will climb much higher than expected
Consumers will likely have to keep paying more for almost everything they buy.
5 min read Mar 31, 2022