Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese President: Israeli aggression on Blida took place in aftermath of meeting of ceasefire monitoring committee.
Lebanese President Joseph Aoun asks Commander of Lebanese Army to confront any Israeli incursion into liberated Lebanese territory in the South.
Al Mayadeen's correspondent: Israeli aircraft launch series of strikes on area of Jarmaq, South Lebanon.
Reuters: Afghanistan and Pakistan agree to restart peace talks in Istanbul.
Al-Mayadeen's correspondent in southern Lebanon: Israeli occupation forces withdraw from the Blida municipality building two hours after occupying it, and the Lebanese army enters
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.
Al Mayadeen's correspondent: More than 70 martyrs in Israeli attacks on Gaza since dawn.

US Fed: Raising interest rates "will soon be appropriate"

  • By Al Mayadeen Net
  • Source: Agencies
  • 26 Jan 2022 22:10
  • 4 Shares
3 Min Read

Though the Federal Reserve has kept the interest rates at a zero, soon it will see an increase with the inflation rises.

  • x
  • Federal Reserve Board building on Constitution Avenue in Washington, March 19, 2019. (Reuters)
    Federal Reserve Board building on Constitution Avenue in Washington, March 19, 2019. (Reuters)

On Wednesday, the US Federal Reserve, though has kept the interest rates at zero, deemed it appropriate to see an increase in the rates soon, citing improvements in the employment situation and increasing inflation levels. 

Alarms were sounded in November, when Jerome Powell, chair of the Federal Reserve, has called for retiring the term "transitory" when describing the recent burst of inflation.

"With inflation well above two percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate," the Federal Open Market Committee (FOMC) said at the end of a routine meeting. The FOMC is a policy-setting body. 

LIVE NOW: Press conference with #FOMC Chair Powell: https://t.co/1uJrua5qsH and https://t.co/FJa6TbkDMt

— Federal Reserve (@federalreserve) January 26, 2022

With no precise dates given, the first-rate increase by the central bank - since the start of the pandemic - will be in March, when the bond-buying stimulus program comes to an end. The benchmark borrowing rate, according to officials, will not undergo an increase until the program ends. 

Furthermore, the committee released guidelines on shrinking bond and security holdings, especially massive ones, which have accumulated during the most recent economic crisis. 

Related News

Oil prices rise on Russia supply fears and Fed policy outlook

Appeals Court halts Trump’s bid to oust Fed Governor Lisa Cook

The FOMC "expects that reducing the size of the Federal Reserve's balance sheet will commence after the process of increasing the target range for the federal funds rate has begun." 

US inflation rate up to a nearly 40-year high of 7%

Inflation in the United States is hitting new highs and is likely to continue into 2022.

Consumer prices rose 0.5% in December, causing the inflation rate to hit nearly 7%, which constitutes the highest rate in 40 years in the North American country. 

The gain in the consumer price has gone beyond the 0.4% prediction that economists posited in The Wall Street Journal. 

The US government said on Wednesday that a separate measure of consumer inflation that rules out volatile food and energy values rose 0.6% in December, pushing the previous year's increase to 5.5% from 4.9%, constituting the highest in 31 years.

The US current inflation situation can be attributed to increasing customer demands and labor, as well as supply shortages. By the end of 2022, inflation rates are likely to exceed 3%. 

This is an alarming number. Why? Before the effects of the pandemic, inflation averaged 1.5% a year approximately. 

  • US Federal Reserve
  • inflation
  • Biden

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Displaced Sudanese who fled El-Fasher after the city fell to the Rapid Support Forces (RSF), rest near the town of Tawila in war-torn Sudan's western Darfur region (AP)
Politics

UAE directly funded RSF, leading to fall of El-Fasher: Sudan

'You’re not welcome in Greece': Israelis face port protests
Politics

'You’re not welcome in Greece': Israelis face port protests

This photo released by the Israeli military on Thursday, Nov. 2, 2023, shows ground operations inside the Gaza Strip (AP)
Politics

IOF soldier who fought in Gaza, Lebanon denied entry to Czech Republic

UN inquiry exposes 'Israel’s' four genocidal crimes against Gaza
Politics

'Israel' committed four genocidal acts in Gaza, UN inquiry finds

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS