Federal Reserve bows to bank-crisis fears with quarter-point rate hike, letting up a little in its fight against inflation

Federal Reserve bows to bank-crisis fears with quarter-point rate hike, letting up a little in its fight against inflation Fed chair Jerome Powell opted for a cautious approach on rates. Alex Wong/Getty Images   By Jeffery S. Bredthauer, University of Nebraska Omaha; Joerg Bibow, Skidmore College, and Marketa Wolfe, Skidmore College The Federal Reserve raised interest […] Source