Claim False

Officials forecast they will raise the rate at least six more times thi...

Jerome Powell: Officials forecast they will raise the rate at least six more times this year to about 1.... Published Mar 30, 2022. Status: False. The Federal...

Officials forecast they will raise the rate at least six more times this year to about 1.9%.

FactTracker assessment

The Federal Reserve indeed raised interest rates six more times after the initial hike in March 2022 (in May,...

Original source: independent.co.uk