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 ...
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 ...
As the US economy hums along month after month, minting hundreds of thousands of new jobs and confounding experts who had ...
Walter Wriston long ago observed that capital goes where it’s treated well. Wriston would no doubt have admitted, were he ...
Egypt: Devaluation, Financial Support Mitigate Near-term Risks, But Challenges RemainTue, 19 Mar 2024 16:13:23 GMT US Building Permits and Housing Starts See Significant Rise in February 2024Tue ...
Wondering what’s in store for interest rates? Since July 2023, the Federal Reserve has kept the federal-funds rate at a target range of 5.25% to 5.50%, far above typical levels over the past decade.
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 ...