🕌 MENA · English
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Thursday 17 September
🕌 MENA · English
Current: 🕌 MENA · English
Global
Focused
Language

Fed Hikes Interest Rates for 1st Time in 3 Years

Saudi Arabia
The brief

By Andrew Moran The Federal Reserve followed through on its first interest rate hike in more than three years on Sept. Also, Saudi Arabia is scrambling to restore its oil supply. Key points and original sources are listed below.

  • By Andrew Moran The Federal Reserve followed through on its first interest rate hike in more than three years on Sept. 16. Officials voted 12 to zero to increase the benchmark federal funds rate—a key policy rate that influences borrowing costs for businesses...S1
  • Also, Saudi Arabia is scrambling to restore its oil supply. Here’s the latest at the end of Wednesday.S2
Timeline · newest first
4h Usnn

Fed Hikes Interest Rates for 1st Time in 3 Years

By Andrew Moran The Federal Reserve followed through on its first interest rate hike in more than three years on Sept. 16. Officials voted 12 to zero to increase the benchmark fede…

5h Bloomberg

Businessweek Daily: The Fed Raises Rates (Podcast)

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chair…

5h The New York Times

Fed Raises Interest Rates

Also, Saudi Arabia is scrambling to restore its oil supply. Here’s the latest at the end of Wednesday.

Developing

Fed Hikes Interest Rates for 1st Time in 3 Years

3 outlets 3 reports
The brief

By Andrew Moran The Federal Reserve followed through on its first interest rate hike in more than three years on Sept. Also, Saudi Arabia is scrambling to restore its oil supply. Key points and original sources are listed below.

  • By Andrew Moran The Federal Reserve followed through on its first interest rate hike in more than three years on Sept. 16. Officials voted 12 to zero to increase the benchmark federal funds rate—a key policy rate that influences borrowing costs for businesses...S1
  • Also, Saudi Arabia is scrambling to restore its oil supply. Here’s the latest at the end of Wednesday.S2
Timeline · newest first

Sources · 2 citations

S1 Usnn 1 report · EN
S2 The New York TimesLead 1 report · EN
Bloomberg 1 report · EN