There’s not much evidence to suggest that 2% leads to economic magic.

Though smaller than its previous three-quarter-point hikes, the move will further heighten the costs of many consumer and business loans.

The Fed’s balance sheet is one of its devices that’s managed to avoid the spotlight.

In the 1950s, the U.S. Treasury and the Federal Reserve reached an agreement that helped create the economy we have today.

Prices rose 7.1% in November compared to a year ago — less than expected.

Fighting inflation starts like a sprint, but it’s a marathon. And the last few miles are hardest.

While the Fed has continued to hike interest rates, the average interest rate on a 30-year fixed rate mortgage has dropped from 7.16% to 6.4%.

The Federal Reserve is supposed to do both things. But Chair Jerome Powell said this week the Fed will keep raising interest rates to cool inflation, even if that pushes people out of work.

About 225,000 filed unemployment claims last week. The public soured on the Fed the last time it jacked up interest rates to quell inflation.

September data shows they were still higher than a year earlier, though.