Federal Reserve raises interest rates to 16-year high as ... - NBC News
WEBMay 3, 2023 · The Federal Reserve announced Wednesday it was raising its key federal funds rate to more than 5% — a 16-year high — as it continues its firefight against persistent inflation.
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....
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What Happened Today at the Fed Meeting. 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...
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.
Federal Reserve Meeting Fed Raises Rates Again
WEBJul 26, 2023 · Fed raises rates after a pause and leaves door open to more. Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle...
Federal Reserve News Fed Raises Rates at a Slower Pace: Live …
WEBDec 14, 2022 · Officials at the Federal Reserve raised interest rates half a percentage point on Wednesday, setting their policy rate at a range of 4.25 to 4.5 percent, the highest it has been since 2007.
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...
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.
Federal Reserve raises key rate to highest level in 22 years | AP News
WEBJul 26, 2023 · Wednesday’s move raised the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level since 2001. Coming on top of its previous hikes, the Fed’s latest action could lead to further increases in the costs of mortgages, auto loans, credit cards and business borrowing.
The latest on the Fed’s quarter-point rate hike - CNN
WEBMay 3, 2023 · The Federal Reserve voted unanimously to raise interest rates by a quarter point Wednesday, the tenth rate hike since the central bank started its battle against inflation last March.