Sept. 18, 2023

Insights from a Georgia Gwinnett College Economist on the Upcoming Federal Reserve Meeting

Insights from a Georgia Gwinnett College Economist on the Upcoming Federal Reserve Meeting

https://www.GoodMorningGwinnett.com The Federal Reserve Board has a tough decision to make when it meets at its Sept. 19-20 meeting. The board will decide if it wants to raise interest rates for the 12th time since March 2022 to stem inflation.

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https://www.GoodMorningGwinnett.com The Federal Reserve Board has a tough decision to make when it meets at its Sept. 19-20 meeting. The board will decide if it wants to raise interest rates for the 12th time since March 2022 to stem inflation.

With so many rate hikes, skyrocketing prices on goods and services and an inflation rate that still hovers above the Fed’s 2% target, one may wonder if raising interest rates really works.