down from a 40-year high of 9.1% in June 2022, according to FactSet. Economists are forecasting that the rate hikes of the last two years are now likely a thing of the past, even if the Fed ...
The market rallied Wednesday after the Federal Reserve hiked its federal funds rate target by 0.75 percentage points. The increase marks the largest single jump since November 1994. Wednesday’s ...
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
The Federal Reserve cut interest rates by 0.5% at its last policy meeting and is gearing up for a 0.25% rate reduction ...
The Federal Reserve’s announcement of another 0.75 percentage point interest rate increase continues the ... part of a downward trend in 2022. Retail and lodging loans continued to be the ...
Policymakers took note of a job market that has "generally eased" while inflation continues to move towards the U.S. central bank's 2% target.
The Federal Reserve has been on a mission to combat inflation. And to that end, it implemented several aggressive interest rate hikes in 2022. Now, let's get one thing straight. The Fed ...
the FOMC raised short-term rates at an unprecedented pace, hiking by 75 basis points for four consecutive meetings. The Fed began its tightening cycle in March 2022 with a quarter-point ...