Displaying 10 results
Fed signals concern about rise in Treasury yields
Some officials have said the recent surge in long-term Treasury yields may reduce the need for further rate increases.
Federal Reserve raises interest rates by a quarter percentage point
It’s the second straight rise of 25 basis points following a string of aggressive moves starting in March 2022, when rates were near zero.
Federal Reserve raises rates by a quarter point
Chair Jerome Powell and fellow policymakers lifted the Fed’s target for its benchmark rate to a range of 4.5% to 4.75%.
Fed hikes interest rates by 75 basis points for the third consecutive time
The decision to raise rates was unanimous and officials forecast they would reach 4.6% in 2023.
Fed raises rates by 75 basis points for second straight month to curb surging inflation
Chair Jerome Powell says Fed will slow the pace of rate hikes at some point and would set policy on a meeting-by-meeting basis.
Fed expected to deliver largest back-to-back rate hike in decades
The FOMC is expected to raise rates by 75 basis points with investors seeking signs of a downshift in September.
Fed hikes rates 75 basis points, intensifying inflation fight
The Federal Open Market Committee "is strongly committed to returning inflation to its 2% objective.”
Powell says Fed will ‘keep pushing’ until inflation comes down
'This is a strong economy, and we think it’s well positioned to withstand less accommodative monetary policy,' the Fed chairman says.
Fed hikes rates half-point as Powell signals similar moves ahead
The interest-rate increase is the biggest since 2000 and is the most aggressive policy action in decades to combat soaring inflation.
Jamie Dimon says Fed should have raised rates sooner
JPMorgan CEO says a bigger risk to the global economy is the war in Ukraine as it signals the ‘Cold War is back.'
