U.S. Federal Reserve raises interest rate by 75 basis points amid rising inflation
Videos
-
U.S. Federal Reserve raises interest rate by 75 basis points amid rising inflation
01:00 | June 15, 2022
-
What is the ‘sandwich’ generation of unpaid caregivers and why does their free labour matter?
02:13 | May 4, 2024
-
Analyzing American Expansion into the Canadian Market
05:28 | May 3, 2024
-
Business Matters: Public service unions will fight 3-day in-office mandate
02:27 | May 2, 2024
-
U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflation
01:20 | May 1, 2024
-
Future of Trans Mountain pipeline expansion as long-awaited project opens
02:39 | May 1, 2024
-
Loblaw boycott begins — will Canada’s biggest grocer feel the pinch?
01:42 | May 1, 2024
-
Climate change is affecting the housing market: report
01:28 | May 1, 2024
-
Canada’s economy loses momentum in February. What does this mean for inflation and interest rates?
01:31 | April 30, 2024
-
The deadline to file taxes without penalty has arrived
02:44 | April 30, 2024
-
Why aren’t more foreign grocers in Canada? Lack of space a hurdle: Minister Champagne
09:20 | April 28, 2024
-
Over-tourism: Venice launches world’s 1st tourist entry fee to dissuade visitors
02:19 | April 27, 2024
-
Consumers gear up for Loblaw boycott as petition for investigation gains traction
02:22 | April 27, 2024
-
David Soberman explains the movement to boycott Loblaw locations
05:57 | April 26, 2024
-
Loblaws boycott picks up steam as resentment grows online
05:57 | April 26, 2024
-
80% of Canadians believe home ownership now only for the rich: poll
03:02 | April 26, 2024
-
Business Matters: Loblaw and Walmart have refused to sign Canada’s grocery code of conduct, documents show
02:34 | April 26, 2024
-
Canadian food banks on the brink: ‘This is not a sustainable situation’
02:01 | April 26, 2024
-
8 in 10 Canadian households seeing grocery bill increases: IPSOS poll
01:42 | April 26, 2024
-
Your Money
05:50 | April 25, 2024
-
Municipal Matters
05:55 | April 25, 2024
-
Ability to Deliver on Budget Housing Promises
05:23 | April 24, 2024
-
Advice for Students Navigating the Job Market
05:46 | April 24, 2024
-
Trudeau announces loan guarantee program for Canada’s Indigenous communities
00:49 | April 23, 2024
-
How a potential plane shortage could impact summer travel
05:56 | April 23, 2024
-
Federal Budget Reaction
05:34 | April 23, 2024
-
Business Matters: New condo sales in the Greater Toronto Area fall 71% below 10-year average
02:27 | April 22, 2024
-
Canada’s doctors say capital gains tax changes could impact care
02:05 | April 20, 2024
-
‘It’s absolutely right’: Freeland addresses capital gains tax adjustment concerns
01:19 | April 19, 2024
-
Capital gains tax changes spark concern from some middle-class Canadians
02:11 | April 18, 2024
-
Liberals have been playing ‘catch-up’ on housing crisis since Harper, Poilievre were in power: Trudeau
01:48 | April 18, 2024
-
What Canada’s new open banking framework means for consumers
01:47 | April 18, 2024
-
U.S. Federal Reserve raises interest rate by 75 basis points amid rising inflation
01:00 | June 15, 2022
-
What is the ‘sandwich’ generation of unpaid caregivers and why does their free labour matter?
02:13 | May 4, 2024
-
Analyzing American Expansion into the Canadian Market
05:28 | May 3, 2024
-
Business Matters: Public service unions will fight 3-day in-office mandate
02:27 | May 2, 2024
-
U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflation
01:20 | May 1, 2024
-
Future of Trans Mountain pipeline expansion as long-awaited project opens
02:39 | May 1, 2024
-
Loblaw boycott begins — will Canada’s biggest grocer feel the pinch?
01:42 | May 1, 2024
-
Climate change is affecting the housing market: report
01:28 | May 1, 2024
-
Canada’s economy loses momentum in February. What does this mean for inflation and interest rates?
01:31 | April 30, 2024
-
The deadline to file taxes without penalty has arrived
02:44 | April 30, 2024
-
Why aren’t more foreign grocers in Canada? Lack of space a hurdle: Minister Champagne
09:20 | April 28, 2024
-
Over-tourism: Venice launches world’s 1st tourist entry fee to dissuade visitors
02:19 | April 27, 2024
-
Consumers gear up for Loblaw boycott as petition for investigation gains traction
02:22 | April 27, 2024
-
David Soberman explains the movement to boycott Loblaw locations
05:57 | April 26, 2024
-
Loblaws boycott picks up steam as resentment grows online
05:57 | April 26, 2024
-
80% of Canadians believe home ownership now only for the rich: poll
03:02 | April 26, 2024
-
Business Matters: Loblaw and Walmart have refused to sign Canada’s grocery code of conduct, documents show
02:34 | April 26, 2024
-
Canadian food banks on the brink: ‘This is not a sustainable situation’
02:01 | April 26, 2024
-
8 in 10 Canadian households seeing grocery bill increases: IPSOS poll
01:42 | April 26, 2024
-
Your Money
05:50 | April 25, 2024
-
Municipal Matters
05:55 | April 25, 2024
-
Ability to Deliver on Budget Housing Promises
05:23 | April 24, 2024
-
Advice for Students Navigating the Job Market
05:46 | April 24, 2024
-
Trudeau announces loan guarantee program for Canada’s Indigenous communities
00:49 | April 23, 2024
-
How a potential plane shortage could impact summer travel
05:56 | April 23, 2024
-
Federal Budget Reaction
05:34 | April 23, 2024
-
Business Matters: New condo sales in the Greater Toronto Area fall 71% below 10-year average
02:27 | April 22, 2024
-
Canada’s doctors say capital gains tax changes could impact care
02:05 | April 20, 2024
-
‘It’s absolutely right’: Freeland addresses capital gains tax adjustment concerns
01:19 | April 19, 2024
-
Capital gains tax changes spark concern from some middle-class Canadians
02:11 | April 18, 2024
-
Liberals have been playing ‘catch-up’ on housing crisis since Harper, Poilievre were in power: Trudeau
01:48 | April 18, 2024
-
What Canada’s new open banking framework means for consumers
01:47 | April 18, 2024
U.S. Federal Reserve raises interest rate by 75 basis points amid rising inflation
Description
June 15, 2022
U.S. Federal Reserve Chairman Jerome Powell announced at a news conference on Wednesday that the Federal Open Market committee raised its target policy interest rate by three-quarters of a percentage point to stem a surge in inflation. He added that “ongoing increases in that rate will be appropriate.” The rate hike was the biggest made by the U.S. central bank since 1994, and was delivered after recent data showed little progress in its inflation battle.
-
U.S. Federal Reserve raises interest rate by 75 basis points amid rising inflation01:00 | June 15, 2022
-
What is the ‘sandwich’ generation of unpaid caregivers and why does their free labour matter?02:13 | May 4, 2024
-
Analyzing American Expansion into the Canadian Market05:28 | May 3, 2024
-
Business Matters: Public service unions will fight 3-day in-office mandate02:27 | May 2, 2024
-
U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflation01:20 | May 1, 2024
-
Future of Trans Mountain pipeline expansion as long-awaited project opens02:39 | May 1, 2024
-
Loblaw boycott begins — will Canada’s biggest grocer feel the pinch?01:42 | May 1, 2024
-
Climate change is affecting the housing market: report01:28 | May 1, 2024
-
Canada’s economy loses momentum in February. What does this mean for inflation and interest rates?01:31 | April 30, 2024
-
The deadline to file taxes without penalty has arrived02:44 | April 30, 2024
-
Why aren’t more foreign grocers in Canada? Lack of space a hurdle: Minister Champagne09:20 | April 28, 2024
-
Over-tourism: Venice launches world’s 1st tourist entry fee to dissuade visitors02:19 | April 27, 2024
-
Consumers gear up for Loblaw boycott as petition for investigation gains traction02:22 | April 27, 2024
-
David Soberman explains the movement to boycott Loblaw locations05:57 | April 26, 2024
-
Loblaws boycott picks up steam as resentment grows online05:57 | April 26, 2024
-
80% of Canadians believe home ownership now only for the rich: poll03:02 | April 26, 2024
-
Business Matters: Loblaw and Walmart have refused to sign Canada’s grocery code of conduct, documents show02:34 | April 26, 2024
-
Canadian food banks on the brink: ‘This is not a sustainable situation’02:01 | April 26, 2024
-
8 in 10 Canadian households seeing grocery bill increases: IPSOS poll01:42 | April 26, 2024
-
Your Money05:50 | April 25, 2024
-
Municipal Matters05:55 | April 25, 2024
-
Ability to Deliver on Budget Housing Promises05:23 | April 24, 2024
-
Advice for Students Navigating the Job Market05:46 | April 24, 2024
-
Trudeau announces loan guarantee program for Canada’s Indigenous communities00:49 | April 23, 2024
-
How a potential plane shortage could impact summer travel05:56 | April 23, 2024
-
Federal Budget Reaction05:34 | April 23, 2024
-
Business Matters: New condo sales in the Greater Toronto Area fall 71% below 10-year average02:27 | April 22, 2024
-
Canada’s doctors say capital gains tax changes could impact care02:05 | April 20, 2024
-
‘It’s absolutely right’: Freeland addresses capital gains tax adjustment concerns01:19 | April 19, 2024
-
Capital gains tax changes spark concern from some middle-class Canadians02:11 | April 18, 2024
-
Liberals have been playing ‘catch-up’ on housing crisis since Harper, Poilievre were in power: Trudeau01:48 | April 18, 2024
-
What Canada’s new open banking framework means for consumers01:47 | April 18, 2024
-
U.S. Federal Reserve raises interest rate by 75 basis points amid rising inflation01:00 | June 15, 2022
-
What is the ‘sandwich’ generation of unpaid caregivers and why does their free labour matter?02:13 | May 4, 2024
-
Analyzing American Expansion into the Canadian Market05:28 | May 3, 2024
-
Business Matters: Public service unions will fight 3-day in-office mandate02:27 | May 2, 2024
-
U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflation01:20 | May 1, 2024
-
Future of Trans Mountain pipeline expansion as long-awaited project opens02:39 | May 1, 2024
-
Loblaw boycott begins — will Canada’s biggest grocer feel the pinch?01:42 | May 1, 2024
-
Climate change is affecting the housing market: report01:28 | May 1, 2024
-
Canada’s economy loses momentum in February. What does this mean for inflation and interest rates?01:31 | April 30, 2024
-
The deadline to file taxes without penalty has arrived02:44 | April 30, 2024
-
Why aren’t more foreign grocers in Canada? Lack of space a hurdle: Minister Champagne09:20 | April 28, 2024
-
Over-tourism: Venice launches world’s 1st tourist entry fee to dissuade visitors02:19 | April 27, 2024
-
Consumers gear up for Loblaw boycott as petition for investigation gains traction02:22 | April 27, 2024
-
David Soberman explains the movement to boycott Loblaw locations05:57 | April 26, 2024
-
Loblaws boycott picks up steam as resentment grows online05:57 | April 26, 2024
-
80% of Canadians believe home ownership now only for the rich: poll03:02 | April 26, 2024
-
Business Matters: Loblaw and Walmart have refused to sign Canada’s grocery code of conduct, documents show02:34 | April 26, 2024
-
Canadian food banks on the brink: ‘This is not a sustainable situation’02:01 | April 26, 2024
-
8 in 10 Canadian households seeing grocery bill increases: IPSOS poll01:42 | April 26, 2024
-
Your Money05:50 | April 25, 2024
-
Municipal Matters05:55 | April 25, 2024
-
Ability to Deliver on Budget Housing Promises05:23 | April 24, 2024
-
Advice for Students Navigating the Job Market05:46 | April 24, 2024
-
Trudeau announces loan guarantee program for Canada’s Indigenous communities00:49 | April 23, 2024
-
How a potential plane shortage could impact summer travel05:56 | April 23, 2024
-
Federal Budget Reaction05:34 | April 23, 2024
-
Business Matters: New condo sales in the Greater Toronto Area fall 71% below 10-year average02:27 | April 22, 2024
-
Canada’s doctors say capital gains tax changes could impact care02:05 | April 20, 2024
-
‘It’s absolutely right’: Freeland addresses capital gains tax adjustment concerns01:19 | April 19, 2024
-
Capital gains tax changes spark concern from some middle-class Canadians02:11 | April 18, 2024
-
Liberals have been playing ‘catch-up’ on housing crisis since Harper, Poilievre were in power: Trudeau01:48 | April 18, 2024
-
What Canada’s new open banking framework means for consumers01:47 | April 18, 2024
U.S. Federal Reserve raises interest rate by 75 basis points amid rising inflation
Description
June 15, 2022
U.S. Federal Reserve Chairman Jerome Powell announced at a news conference on Wednesday that the Federal Open Market committee raised its target policy interest rate by three-quarters of a percentage point to stem a surge in inflation. He added that “ongoing increases in that rate will be appropriate.” The rate hike was the biggest made by the U.S. central bank since 1994, and was delivered after recent data showed little progress in its inflation battle.
National News
-
Drake house shooting: Toronto Police confirm security guard shot, in serious condition1:595 hours ago
-
The impact of university divestment from Israel9:375 hours ago
-
Most versatile home organization products for your space4:376 hours ago
-
Business Matters: Boeing faces new U.S. investigation into 787 Dreamliner inspections2:125 hours ago
-
Health Matters: Researchers create virus detection network2:135 hours ago
-
Gaza crisis: Could Marwan Barghouti bring peace to Middle East?2:455 hours ago
-
Boeing’s Starliner finally ready for launch to ISS1:575 hours ago
-
Ottawa tables bill to counter foreign interference1:535 hours ago
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism2:055 hours ago
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms2:245 hours ago
Advertisement
Top News
-
Drake house shooting: Toronto Police confirm security guard shot, in serious condition1:595 hours ago
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms2:245 hours ago
-
Celebrations erupt in Rafah as Hamas accepts ceasefire proposal for Gaza2:141 day ago
-
Hardeep Singh Nijjar murder suspects appear in court2:111 day ago
-
China’s Xi Jinping calls for a ‘global truce’ during Paris Olympic games2:301 day ago
-
Brazil floods: At least 78 dead, more than 115,000 displaced2:391 day ago
-
‘Attack on press freedom’: Israel orders shutdown of Al Jazeera in Israel3:271 day ago
-
Israel warns civilians in Rafah to evacuate as IDF assault appears imminent: ‘Where will the people go?’2:051 day ago
-
Budget-friendly gifts for Mother’s Day5:001 day ago
-
Israel-Hamas: Hopes of Gaza ceasefire now at an impasse2:091 day ago
Sponsored Content
Canada
-
Drake’s security guard injured after shooting outside of rapper’s Toronto home2:575 hours ago
-
Cremation service held for grandparents killed in wrong-way Highway 401 crash1:485 hours ago
-
Calgary balances risk of flood and drought2:075 hours ago
-
9-year-old Ontario pianist to perform child-prodigy concert with symphony0:515 hours ago
-
Ottawa tables bill to counter foreign interference1:535 hours ago
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism2:055 hours ago
-
Price of Calgary townhomes growing fastest in Canada: report1:405 hours ago
-
Mother describes giving birth in Richmond fire hall parking lot1:585 hours ago
-
Canada’s Competition Bureau is investigating Lululemon1:2221 hours ago
-
Poilievre trying to ‘score political points’ off the ‘tragedy of opioids’: Freeland3:131 day ago
U.S. News
-
Business Matters: Boeing faces new U.S. investigation into 787 Dreamliner inspections2:125 hours ago
-
Boeing’s Starliner finally ready for launch to ISS1:575 hours ago
-
Missing Australian, American surfers found dead in well after ‘attempted carjacking’ in Mexico1:281 day ago
-
Star Wars Day: Actor Mark Hamill makes surprise White House appearance for May 4th2:274 days ago
-
2nd Boeing safety whistleblower dies, lawyers say death is ‘loss to aviation community’1:204 days ago
-
Pro-Palestinian campus protests spark historic comparisons to anti-Vietnam war movement2:184 days ago
-
Campus protests: Hundreds arrested as UCLA encampment dismantled2:014 days ago
-
‘Keep strong’: Blinken tells Israelis awaiting Hamas response to hostage proposal4:365 days ago
-
U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflation1:205 days ago
-
Business Matters: TD Bank sets aside $450 million for U.S. anti-money laundering probe fine3:066 days ago
Advertisement
World
-
Met Gala 2024: Best looks from the red carpet as Zendaya, J Lo chair event5:044 hours ago
-
The impact of university divestment from Israel9:375 hours ago
-
New law banning some passwords in the U.K. an ‘important start,’ expert says1:015 hours ago
-
Gaza crisis: Could Marwan Barghouti bring peace to Middle East?2:455 hours ago
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism2:055 hours ago
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms2:245 hours ago
-
China’s Xi Jinping calls for a ‘global truce’ during Paris Olympic games2:301 day ago
-
Brazil floods: At least 78 dead, more than 115,000 displaced2:391 day ago
-
‘Attack on press freedom’: Israel orders shutdown of Al Jazeera in Israel3:271 day ago
-
Israel warns civilians in Rafah to evacuate as IDF assault appears imminent: ‘Where will the people go?’2:051 day ago
Politics
-
Drug decriminalization debate continues1:4520 hours ago
-
Gaza crisis: Could Marwan Barghouti bring peace to Middle East?2:455 hours ago
-
Former MP reacts to foreign interference2:1120 hours ago
-
Ottawa tables bill to counter foreign interference1:535 hours ago
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism2:055 hours ago
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms2:245 hours ago
-
Family angry about IIO report on RCMP officer’s death2:0620 hours ago
-
Suspects in Nijjar killing slated to make court appearance2:2421 hours ago
-
Edmonton Mayor meets with municipal affairs minister about funding1:4622 hours ago
-
How to better fund and serve public transit in Montreal2:1324 hours ago
Health and Wellness
-
Health Matters: Researchers create virus detection network2:135 hours ago
-
Mental Health Week: Addressing workplace burnout5:525 hours ago
-
University of Manitoba receives ‘groundbreaking’ funding for vaccine, biomanufacturing research0:595 hours ago
-
Health minister demands Conservatives to stop blocking free contraceptives for women across Canada0:3324 hours ago
-
Health Matters: CFIA steps us avian influenza surveillance2:291 day ago
-
Health Matters: Wegovy rolls out in Canada4:341 day ago
-
Mental Health Week seminar to discuss fostering compassion in youth5:171 day ago
-
Celiac continues to affect thousands of Canadians4:193 days ago
-
Health Matters: Heart failure awareness4:403 days ago
-
Pierre Poilievre ramps up attack on B.C.’s drug decriminalization pilot1:434 days ago
Advertisement
Investigative News
-
Small businesses guarding against ‘catastrophic’ cyber threats1:431 day ago
-
Is the government of India behind a global campaign against Sikh separatism?2:091 day ago
-
Hardeep Singh Nijjar: India’s ‘incompetent’ campaign against the slain BC Sikh leader2:554 days ago
-
Manitoba farmers, producer groups concerned about effect of potential rail strike1:304 days ago
-
Reality check on Canada’s efforts to curb carbon emissions1:544 days ago
-
Ontario chemical plant ordered to shut down1:504 days ago
-
New clues in mystery of the spiked ‘Titanic’ chowder2:105 days ago
-
Lawyers for man accused of killing 4 women to argue he’s not criminally responsible0:481 day ago
-
Study finds brawn does not mean brains when it comes to the T.Rex4:226 days ago
-
Inside ICE: The work, demands of Manitoba RCMP’s child exploitation unit2:392 weeks ago
News Bloopers
-
Global’s Anthony Farnell performs in The Nutcracker1:145 months ago
-
‘You can’t make this stuff up:’ Loud clap of thunder interrupts live TV segment at pivotal moment0:247 months ago
-
Global Calgary weather anchor startled by surprise guest appearance0:2111 months ago
-
Fun times? Global News personalities help clear snow in search of ‘fun’ story2:0018 months ago
-
Global National anchor Farah Nasser swallows fly on-air0:1720 months ago
-
‘Buzzworthy moment’: Colin D’Mello recaps Doug Ford accidentally swallowing a bee1:5721 months ago
-
‘Did you just call me daddy?’: Morning show hosts can’t hold back laughter after on-air mixup1:1421 months ago
-
B.C. dad hoping to see his cloud photo on TV get his wish following viral TikTok campaign2:1125 months ago
-
Bloopers: Phil Darlington slips, slides and falls in these Our Winter City outtakes1:3819 months ago
-
Global News bloopers: The funniest gaffes, laughs, and fails of 20216:2029 months ago