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The Federal Reserve raised interest rates by 0.50% on Wednesday, capping a year that saw the central bank lift rates by 4.25%. Federal Reserve raises interest rates to highest since 2007, sees ...
Atlanta Federal Reserve President Raphael Bostic also said the U.S. central bank should raise interest rates above 5% by early in the second quarter and then hold them there for a "long time."
The Federal Reserve will hold its next policy-setting meeting on March 18-19. Policymakers are expected to keep short-term borrowing costs in their current 4.25%-4.50% range.
The Federal Reserve raised short-term interest rates Wednesday by a quarter percentage point, bringing its benchmark rate to a new range of 4.50% and 4.75%, the highest level since October 2007.
The Federal Reserve is expected to slow its pace of interest rate increases for the second-straight meeting on Wednesday, raising its benchmark interest rate another 0.25%.
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank accounts. The Fed didn’t budge on rates.
The Federal Reserve raised interest rates by another 0.25% on Wednesday as the central bank works to bring down elevated inflation while also grappling with the fallout from a global banking ...
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