Another Fed rate hike is here — should you keep switching savings accounts to chase a higher return?
On Wednesday, the Federal Reserve announced another rate increase, this time by a quarter percentage point to a range of 4.75% to 5.00% — an expectedly smaller bump given the recent bank failures.
To cool the economy and bring inflation under control, the Fed embarked on an aggressive campaign to raise the federal funds rate during 2022 and 2023. The final hike was in August 2023 ...
The Fed responded in kind over 2022-23 by delivering the largest rate hike since 1980, increasing the federal-funds rate by 5 percentage points. From July 2023 to September 2024, the Fed ...
The dollar appreciated broadly on Thursday, a day after the Federal Reserve indicated it was in no rush to cut interest rates ...
The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up ...
President Donald Trump said the Federal Reserve should cut interest rates as US tariffs start to transition into the economy.
The US central bank has cut its growth forecast as it warned President Donald Trump's tariffs were "clearly" driving up ...
U.S. stock futures are pointing to a lower open after the Federal Reserve on Wednesday indicated two more rate cuts this year.
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