KDLG Header Banner Image
Public Radio for Alaska's Bristol Bay
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Selloff pushes stocks into bear market territory as interest rates rise

The Federal Reserve is meeting and may raise interest rates .75% for the first time in nearly 30 years. An increase of .5% was expected. But rising inflation may prompt the higher uptick in interest rates.

Here and Now‘s Scott Tong talks with Roben Farzad, host of Public Radio’s “Full Disclosure.”

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.