News for North Texas

Federal Reserve Raises Interest Rate

Your browser doesn’t support HTML5 audio

The Federal Reserve raises a key short-term interest rate another quarter of a point, in an attempt to keep inflation under control as the economy continues to show signs of improvement. NPR's Jim Zarroli reports.

Copyright 2004 NPR

  • Facebook
  • Twitter
  • LinkedIn
  • Email
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.