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 isn't ...

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 ...

I show you how to save and invest. 2022 has been a dramatic year for rate hikes from the U.S. Federal Reserve (Fed), and there is still one meeting to go. We’ll likely see another hike ...

Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.

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 doesn't ...

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 increase ...

The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...

Despite the Federal Reserve cutting interest rates last week, the nation's best high-yield savings accounts still include ...

The year 2022 brings a turning point for the US Federal Reserve and the global economy. Policymakers have signaled a shift in monetary policy from easing to tightening, with three rate hikes ...

Although inflation has come down sharply since mid-2022, it remains stubbornly ... rate has remained low," the Fed stated. With the FOMC's latest rate hike now a matter of record, we turned ...