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  • The move comes amid new hope that inflation may be on track to return to normal levels.

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Biggest rate hike in nearly 3 decades expected amid inflation l GMA
Federal reserve approves new 0.75 percentage point interest rate hike l GMA
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Fed expected to pause interest rate hikes
The Federal Reserve is set to increase interest rates
Fed expected to pause interest rate hikes Wednesday
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Fed expected to pause interest rate hikes l GMA

Fed expected to pause interest rate hikes l GMA

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Federal Reserve to announce interest rate hike l GMA

Federal Reserve to announce interest rate hike l GMA

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Fed hikes interest rate 0.25% amid banking fears l GMA

Fed hikes interest rate 0.25% amid banking fears l GMA

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Federal reserve approves new 0.75 percentage point interest rate hike l GMA

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Fed hikes benchmark interest rate for 4th time this year l GMA

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Fed expected to pause interest rate hikes

Fed expected to pause interest rate hikes

The move comes amid new hope that inflation may be on track to return to normal levels. ABC News' Lionel Moise reports.

The Federal Reserve is set to increase interest rates

The Federal Reserve is set to increase interest rates

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Fed expected to pause interest rate hikes Wednesday

Fed expected to pause interest rate hikes Wednesday

Inflation was lower in May, falling for the 11th straight month. And that could mean no more