© 2024 WFAE

Mailing Address:
WFAE 90.7
P.O. Box 896890
Charlotte, NC 28289-6890
Tax ID: 56-1803808
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Federal Reserve Raises Interest Rate

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

Tags
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.