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The Federal Reserve boosted interest rates again in a move to slow the inflation rate.

David Kelly, J.P. Morgan Asset Management chief global strategist, Mona Mahajan, Edward Jones senior investment strategist, and Jim Caron, Morgan Stanley global fixed income portfolio manager, join 'Power Lunch' to discuss the Federal Reserve's decision to raise the federal funds rate by 75 basis points. For access to live and exclusive video from CNBC

Yahoo Finance Live breaks down the market reactions to Fed Chair Jerome Powell's press conference announcing a 75 basis-point rate hike. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes

The Federal Reserve raised it's benchmark interest rate by a hefty there quarters of a point for a second straight time.

The Federal Reserve bumped up the interest rate yet again three-quarters of a point and warned that there likely will be more hikes to curtail inflation. There are going to be added costs for people buying a car or home, which is becoming even more expensive in Wake County.

Yahoo Finance's Brian Cheung joins the Live show to detail Fed Chair Jerome Powell's statements on the latest FOMC meeting and the outlook on future interest rate hikes. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes

The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation. (July 27)

We spoke with Sen. Mark Warner about his thoughts on inflation

The Federal Reserve's move on Wednesday to raise its benchmark interest rate by a hefty three-quarters of a point will bring a mixed bag of impacts for consumers.

The federal reserve hiked interest rates on Wednesday three-quarters of a point, hoping to stop rising prices.

The US is experiencing its worst inflation in 40 years and now the Federal Reserve announced another huge interest rate hike of three-quarters of a percentage point. Here's how some Americans feel about the state of the economy.

The central bank’s decision follows a jump in inflation to 9.1%, the fastest annual rate in 41 years.

The Fed’s move will raise its key rate to a range of 2.25% to 2.5%, its highest level since 2018.

Strong earnings from Microsoft (MSFT) and Google (GOOGL) fueled a tech rally.

Inflation continues to squeeze consumers, so Wednesday, the Federal Reserve raised interest rates 0.75 percent, meaning it will cost more to borrow money. The economic trouble is leaving families more worried about their bottom lines. CBS2's Dick Brennan has more on the reason why we keep seeing rate hikes.

The Federal Reserve raised interest rates 75 basis points, but what does that mean for the average American?

Calit Advisors Partner Lenore Elle Hawkins and Lisa Erickson, U.S. Bank SVP & Public Markets Group Head, join Yahoo Finance Live to discuss market reactions to the Fed's 75 basis-point rate hike, as well as looking at tech stocks like Qualcomm.

The federal reserve raised the key interest rate by .75% and while that may seem like a small number, it'll have a huge impact.

The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation. The Fed's move will raise its key rate, which affects many consumer and business loans, to a range of 2.25% to 2.5%, its highest level since 2018.

For the third month in a row, the Federal Reserve raised interest rates. This time by three-quarters of a point. This comes as the feds work to cool inflation and slow the economy. This is the interest rate banks use to lend funds to each other.

The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.

Federal Reserve officials raised interest rates by 75 basis-points for the second straight month, the steepest rate of increase since the early 1980s. When should investors expect a slowdown in the pace of rate increases?

This move was made in an attempt to stop the rising costs of goods.

The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.

As money editor Jon Delano explains, it's going to have a real impact on consumer spending in the weeks ahead.