• Video
  • Shop
  • Culture
  • Family
  • Wellness
  • Food
  • Living
  • Style
  • Travel
  • News
  • Book Club
  • GMA3: WYNTK
  • Newsletter
  • Privacy Policy
  • Your US State Privacy Rights
  • Children's Online Privacy Policy
  • Interest-Based Ads
  • Terms of Use
  • Do Not Sell My Info
  • Contact Us
  • © 2025 ABC News
VIDEO:  Fed to announce historic rate hike
3:00
  • ABC News
  • June 15, 2022

Fed to announce historic rate hike

The Federal Reserve is expected to raise its benchmark rate by three quarters of a point, the largest increase since 1994, in an effort to stave off inflation. ABC News’ Ike Ejiochi reports.

Up Next in news

How the White House, Fed plan to bring inflation under control

How the White House, Fed plan to bring inflation under control

June 14, 2022
VIDEO: Northeast storms and outlook for roads, air travel

Northeast storms and outlook for roads, air travel

July 2, 2025
VIDEO: FBI plans to shift agents towards counterterrorism efforts: Sources

FBI plans to shift agents towards counterterrorism efforts: Sources

June 25, 2025

The latest lifestyle and entertainment news and inspiration for how to live your best life - all from Good Morning America.
  • Contests
  • Terms of Use
  • Privacy Policy
  • Do Not Sell My Info
  • Children’s Online Privacy Policy
  • Advertise with us
  • Your US State Privacy Rights
  • Interest-Based Ads
  • About Nielsen Measurement
  • Press
  • Feedback
  • Shop FAQs
  • ABC News
  • ABC
  • All Videos
  • All Topics
  • Sitemap

© 2025 ABC News
  • Privacy Policy— 
  • Your US State Privacy Rights— 
  • Children's Online Privacy Policy— 
  • Interest-Based Ads— 
  • Terms of Use— 
  • Do Not Sell My Info— 
  • Contact Us— 

© 2025 ABC News