Tag: Federal Reserve Interest Rate

The Federal Reserve is expected to raise its benchmark interest rate by 75 basis points on Wednesday, marking the fourth meeting in a row in which an interest rate hike would be implemented. Following the announcement, markets expect the central bank to slow down...

Despite the interest rates surging from near zero to 3% to 3.25% from March, the Fed still intends to remain aggressive in attempts to fight inflation. According to Federal Reserve New York President John Williams, the interest rates need to get up to at...

Oil markets declined ahead of central bank meetings later this week during which the further tightening of monetary policy is expected to be discussed. West Texas Intermediate declined by about 1% to trade at $84 per bottle while the dollar continues to strengthen. Earlier...

The Federal Reserve continues to be aggressive in attempts to flatten the surging inflation. The Federal Open Market Committee unanimously voted on Wednesday to increase the interest rates by another 0.75%, matching the June hike. Both are tied for the largest single rate hike...

The Federal Reserve has been aggressively hiking the interest rates in recent months to tame 40-year high inflation. But despite the record of success that high-interest rates had in the fight against inflation, not everyone is pleased with the Fed's decision. Some experts even...

The Federal Reserve's decision to increase the interest rate by 0.75 percentage points last week is already showing positive results, according to Philadelphia Fed President Patrick Harker. During a chat with Yahoo Finance on Wednesday, Harker said that there are signs of the U.S....