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Fortunately, the Fed's decision to raise the federal funds rate from 0.13% to 5.33% during the 18-month period between March 2022 and August 2023 successfully cooled the CPI down from its four ...
President Donald Trump urged the central bank to cut rates. Fed Chair Jerome Powell is holding firm — but more and more colleagues don’t agree.
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed raises interest rates 0.25% despite cooling prices The rate hike brought the Fed's benchmark interest rate to a 22-year high of between 5.25% and 5.5%.
Four meetings and six months have elapsed since the Fed last adjusted interest rates. The federal funds rate stands between 4.25% and 4.5%, preserving much of a sharp increase imposed in response ...
More jobs, growing GDP and continued uncertainty about tariffs. Here's how that could impact the Fed's interest rate decision ...
The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted after the policy-making body's meeting in early May.
It’s widely expected that the 19 Fed officials that participate in the central bank’s interest-rate decisions will project two rate cuts for this year, as they did in December and March.
The Fed’s benchmark rate is set at a range of 4.25 to 4.5 percent. In an effort to tamp down inflation, the central bank began lifting rates rapidly — from near zero to above 5 percent ...