The Federal Reserve raised interest rates by three-quarters of a percentage point Wednesday in an effort to combat stubbornly high inflation. It's the biggest rate increase in 28 years.
NPR's A Martinez talks to Brian Deese, director of the National Economic Council, about what the White House is doing to tamp down the highest rate of inflation in four decades and record gas prices.
The Federal Reserve wants to control inflation, and its number-one weapon is higher interest rates. The Fed is expected to announce another sharp jump in borrowing costs on Wednesday.
NPR's A Martinez speaks with Sarah Binder, a professor at George Washington University, about Federal Reserve Chairman Jerome Powell's approach to economic policy.
The Fed may announce another sharp jump in borrowing costs. Four states held primaries, with key races in South Carolina and Nevada. Ukraine requests that more heavy weapons be sent — and fast.
The hot housing market may tempt older homeowners looking to cash in, but obstacles to finding a new place to live are forcing some of them to stay put.
NPR's A Martinez talks to Aaron Klein, a senior fellow in economic studies at the Brookings Institution, about whether the amount of delinquent auto loan payments is a sign the economy is in trouble.