Tag Archives: interest rates

The Federal Reserve delivered its first interest rate cut of the year on Wednesday, signaling that mounting concerns about a slowing labor market now outweigh the risks of rising inflation. Policymakers reduced the central bank’s benchmark rate by a quarter percentage point, setting it at 4% to 4.25%. The move …

The Federal Reserve on Wednesday opted to leave its benchmark interest rate unchanged, defying persistent pressure from President Donald Trump and signaling renewed concern about inflation and economic uncertainty driven by tariffs. In a statement following its July policy meeting, the Fed said that while economic growth had moderated, inflation …

The Federal Reserve on Wednesday left its benchmark interest rate unchanged at 4.25% to 4.5%, signaling deepening concern over a stagflationary environment—a troubling mix of slowing growth and rising prices—exacerbated by tariffs imposed during the Trump administration. The Fed’s latest projections paint a pessimistic picture of the months ahead. Policymakers …

Casey Quinlan, Florida Phoenix The Federal Reserve has announced that in its continuing efforts to tamp down inflation, it would raise interest rates yet again by another three-quarters of a point to a target range of 3.75 to 4%. Federal Reserve Chair Jerome Powell said during a press conference following …

Veronika Dolar, SUNY Old Westbury Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment to spike, a little-known economics indicator suggests the …

The Federal Reserve announced that it is raising interest rates for the first time in three years to help bring the skyrocketing inflation under control. “With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain …