The Federal Reserve (Fed) kicked off a campaign of interest rate hikes that is set to be the most aggressive since the mid-2000s, as Chair Jerome Powell assured Americans that the fight against inflation will not tip the US economy into recession.
Quoteworthy: "The struggle we are waging is a struggle for our sovereignty, for the future of our country and our children." — Russian President Vladimir Putin, on the invasion of Ukraine.
Fed ramps up inflation fight in economy tough enough to cope
