Military mental health - Plastic-eating enzyme - Interest rate hike

The central bank lifted its benchmark interest rate to a range of 0.75% to 1%, up 0.5 percentage points from the previous range's limits. The increase was twice the size of the quarter-point rate hikes typically used by the Fed and reflect a more aggressive strategy to cool inflation.
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The faster hiking cycle will primarily fight inflation by weakening demand. A higher benchmark rate lifts rates on all kinds of borrowing, ranging from mortgages to credit card interest. Pricier borrowing tends to rein in Americans' spending. A spending cooldown would help close the supply-demand gap that's powered inflation higher.
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Whether the economy can withstand a more aggressive hiking cycle is the hottest debate surrounding the economy. The discourse focuses on the goal of a "soft landing," [meaning] the Fed's ability to slow inflation without facing a drop in employment. The central bank has a "good chance" at achieving a "soft or soft-ish landing," [the Fed's chairman] said. Yet hawkish economists have [argued] the Fed moved too late.