‘The time has come’: The Fed just sent a crucial message ... - CNN
WEBAug 23, 2024 · The Fed’s upcoming decision to cut interest rates is a sign that officials feel “confident” enough that price pressures are coming under control.
Key takeaways from the Fed’s latest interest rate decision
WEBJun 12, 2024 · The Fed has kept interest rates at a 23-year high for nearly a year, after kicking off an aggressive rate-hiking campaign in March 2022. Central bankers are waiting for more evidence that...
Jerome Powell says Fed to soon begin reducing interest rates | AP News
WEBWith inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
Federal Reserve Meeting: Fed Raises Rates Again - The New York Times
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.
The Fed keeps interest rates at a 23-year high for the sixth ... - CNN
WEBMay 1, 2024 · The Federal Reserve said Wednesday it is holding interest rates at their current levels, as hotter-than-expected inflation data continues to push back the timing of the first 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...
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 U.S....
Fed Raises Interest Rates By 75 Basis Points to Fight Inflation ...
WEBSep 21, 2022 · Federal Reserve officials raised interest rates by three-quarters of a percentage point on Wednesday, but what they said about the future was even more significant — and could herald a painful...
Fed Interest Rates Live Updates: Powell Raises a Half Percentage …
WEBMay 4, 2022 · Latest Developments. 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...
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...