The Atlantic

The Fed Raises Interest Rates

The U.S. central bank's decision on Wednesday was widely expected, and is a sign of the economy's strength.
Source: Susan Walsh / AP

The U.S. Federal Reserve voted for the first time in 2017 at its two-day Federal Open Market Committee (FOMC) March meeting, which concluded on Wednesday. The move was by analysts and Fed watchers: Economic indicators have been pointing an economy, and inflation despite being weak in 2016.

You’re reading a preview, subscribe to read more.

More from The Atlantic

The Atlantic4 min read
Hayao Miyazaki’s Anti-war Fantasia
Once, in a windowless conference room, I got into an argument with a minor Japanese-government official about Hayao Miyazaki. This was in 2017, three years after the director had announced his latest retirement from filmmaking. His final project was
The Atlantic7 min readAmerican Government
The Americans Who Need Chaos
This is Work in Progress, a newsletter about work, technology, and how to solve some of America’s biggest problems. Sign up here. Several years ago, the political scientist Michael Bang Petersen, who is based in Denmark, wanted to understand why peop
The Atlantic5 min read
The Strangest Job in the World
This is an edition of the Books Briefing, our editors’ weekly guide to the best in books. Sign up for it here. The role of first lady couldn’t be stranger. You attain the position almost by accident, simply by virtue of being married to the president

Related Books & Audiobooks