Fed unleashes another big rate hike in bid to curb inflation
WEBJul 27, 2022 · 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 more than three decades to tame high inflation.
The Fed hikes interest rates by a quarter point and hints at ... - CNN
WEBJul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage …
WEBJun 15, 2022 · Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between...
Fed Announces Big Rate Cut - The New York Times
WEB4 days ago · The S&P 500 and tech-heavy Nasdaq both closed roughly 0.3 percent lower, a modest drop, after rising earlier in the day on the news of the half-percentage rate cut.
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high. The increase may be its last for now, as policymakers suggest...
Federal Reserve Meeting Fed Raises Rates Again
WEBJul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
Fed Interest Rates Live Updates: Powell Raises a Half Percentage …
WEBMay 4, 2022 · The Federal Reserve approved a rare half-percentage-point interest rate increase and announced plans to shrink its $9 trillion asset portfolio starting next month in a double-barreled...
Fed raises key rate by a half-point in bid to tame inflation
WEBMay 4, 2022 · WASHINGTON (AP) — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — …
Federal Reserve raises interest rates to highest point in ... - NBC News
WEBJul 26, 2023 · The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the...
Fed raises interest rates again, leaves another hike on table - USA TODAY
WEBJul 26, 2023 · WASHINGTON – Despite a recent pullback in inflation, the Federal Reserve raised its key interest rate by a quarter point Wednesday and signaled another hike is at least on the table, if not likely,...