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The Federal Reserve Hikes Rates a 1/2 Point

Fed Chairman Jerome Powell2

the staff of the Ridgewood blog

Washington DC, the Board of Governors of the Federal Reserve System voted unanimously to approve a 1/2 percentage point increase in the primary credit rate to 4.5 percent, effective December 15, 2022.

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Richard H. Clarida announces his intention to resign from the Board of Governors of the Federal Reserve System on January 14, 2022

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the staff of the Ridgewood blog

Washington DC, Richard H. Clarida announced on Monday his intention to resign from the Board of Governors of the Federal Reserve System on January 14, 2022. He has been a member of the Board and Vice Chair since September 17, 2018.

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