WASHINGTON — The Federal Reserve extended its fight against high inflation on Feb. 1 by raising its key interest rate by a quarter-point, its eighth hike since March.
February 1, 2023Federal Reserve News Updates
Fed Hikes Rate by Half-Point, Signals More to Come
The Federal Reserve reinforced its inflation fight Dec. 14 by raising its key interest rate for the seventh time this year and signaling more hikes to come.
December 14, 2022Fed to Keep Rates High for Longer to Combat Inflation
The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Nov. 30 in remarks likely intended to underscore the Fed’s focus on combating inflation.
December 1, 2022Federal Reserve Hikes Rates Again, but Hints at Pullback
The Federal Reserve pumped up its benchmark interest rate on Nov. 2 by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.
November 2, 2022Fed Attacks Inflation With Another Big Hike and Expects More
Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Sept. 21 by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come.
September 21, 2022Fed Unleashes Another Big Rate Hike in Bid to Curb Inflation
WASHINGTON — The Federal Reserve on July 27 raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
July 27, 2022Fed Official Says Solid Economy Can Handle Rising Rates
WASHINGTON — Last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates, St. Louis Federal Reserve president James Bullard said July 11.
July 11, 2022Fed Hikes Rates 75 Basis Points, Intensifying Inflation Fight
The Federal Reserve raised interest rates by 75 basis points — the biggest increase since 1994 — and Chair Jerome Powell signaled another big move next month, intensifying a fight to contain rampant inflation.
June 15, 2022Fed Hikes Rates Half-Point; Powell Signals Similar Moves Ahead
The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.
May 4, 2022Fed Lifts Rates a Quarter Point in Opening Bid to Curb Inflation
The Federal Reserve raised interest rates by a quarter percentage point and signaled six more such hikes this year, launching a campaign to tackle the fastest inflation in four decades even as risks to economic growth mount.
March 16, 2022Trending
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