The Federal Reserve, the central bank of America, on Wednesday went for another rate hike of 25 basis points to cool down persistently high inflation. The Fed is aiming to bring inflation under 2 ...
The Federal Reserve raised interest rates once again on Wednesday, as concerns about persistently elevated inflation trumped turmoil in the banking industry. The central bank's rate-setting group ...
"The labor market is still too tight for the Fed’s liking," said Jeffrey Roach, chief economist for LPL Financial. The Federal Reserve is likely to deliver the last rate hike of its year-long ...
Regional lenders are crucial for U.S. economic growth and markets want Fed support before the bank crisis triggers a near-term recession. With markets reacting indiscriminately in the wake of the ...
Opinions expressed by Forbes Contributors are their own. I show you how to save and invest. The failure of two of the 30 largest U.S. banks by assets in recent days may temporarily moderate the ...
Amanda Holland is a professional writer and lifelong math nerd. She worked as a signals analyst and math instructor for the Defense Department before switching to freelance writing after her kids ...
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We apologize, but this video has failed to load. In their new quarterly projections, Fed officials forecast that stronger growth and stubborn inflation would persist this year and next. As a result, ...
HOUSTON Oil prices fell more than US$3 on Wednesday as markets worried about a fall in demand after the Federal Reserve hiked interest rate by three-quarters of a percentage point. The biggest ...
The Federal Reserve raised interest rates for a 10th consecutive time on Wednesday, but this might be the last rate hike of the cycle. A change in the central bank's policy statement suggested ...