Fed unleashes another big rate hike in bid to curb inflation

Once a teacher at the Carlisle Indian Industrial boarding school, she left to expose the abuses there and fought for American Indian voting rights in the early 1900s.

The Federal Reserve Bank of Philadelphia’s president forecasts inflation decline without more interest rate hikes.

The move the Fed announced after its latest policy meeting will increase its benchmark short-term rate, which affects many consumer and business loans.