Federal Reserve meeting —
At its 27 July 2022 meeting, the Federal Reserve raised its policy rate from 1.50–1.75% to 2.25–2.50%.
Decision
hike — 1.50–1.75% to 2.25–2.50%
Key passages
the Committee decided to raise the target range for the federal funds rate to 2-1/4 to 2-1/2 percent
anticipates that ongoing increases in the target range will be appropriate
Meeting documents
Background reading
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