Asian Spectator

Men's Weekly

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Federal Reserve plans to raise interest rates 'soon' to fight inflation: What that means for consumers and the economy

  • Written by Alexander Kurov, Professor of Finance and Fred T. Tattersall Research Chair in Finance, West Virginia University
Federal Reserve plans to raise interest rates 'soon' to fight inflation: What that means for consumers and the economyAll eyes are on Fed Chair Jerome Powell as the central bank prepares to raise rates for the first time in three years. Brendan Smialowski/Pool via AP

The Federal Reserve on Jan. 26, 2022, signaled plans to begin raising interest rates “soon” – possibly in March – in a bid to tamp down inflation before it poses a serious risk...

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  1. Stephen Breyer is set to retire – should his replacement on the Supreme Court have a term limit?
  2. Russia could unleash disruptive cyberattacks against the US – but efforts to sow confusion and division are more likely
  3. 'Teaching has always been hard, but it's never been like this' – elementary school teachers talk about managing their classrooms during a pandemic
  4. The herbicide dicamba was supposed to solve farmers' weed problems – instead, it's making farming harder for many of them
  5. New federal wildfire plan is ambitious – but the Forest Service needs more money and people to fight the growing risks
  6. US has taken FARC off its terrorist list, giving insight into Biden's foreign policy
  7. Russia's recent invasions of Ukraine and Georgia offer clues to what Putin might be thinking now
  8. It's just a 'panic attack' – Russian media blames US for escalating Ukraine crisis
  9. The pandemic changed death rituals and left grieving families without a sense of closure
  10. When will the COVID-19 pandemic end? 4 essential reads on past pandemics and what the future could bring

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