Federal Reserve raises interest rates to highest point in more …
WEBJul 26, 2023 · The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S....
WATCH: Federal Reserve Chair Powell speaks after Fed …
WEB1 day ago · The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.
The Fed hikes interest rates by a quarter point and hints at ... - CNN
WEBJul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high.
Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage …
WEBJun 15, 2022 · Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between...
Federal Reserve raises interest rates to 16-year high as fight to …
WEBMay 3, 2023 · The Federal Reserve announced Wednesday it was raising its key federal funds rate to more than 5% — a 16-year high — as it continues its firefight against persistent inflation.
Federal Reserve Meeting Fed Raises Rates Again - The New York Times
WEBJul 26, 2023 · Fed raises rates after a pause and leaves door open to more. Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle...
Fed Raises Interest Rates By 75 Basis Points to Fight Inflation ...
WEBSep 21, 2022 · The Federal Reserve raised rates by three-quarters of a point and projected a more aggressive path ahead as it tries to bring down high inflation.
Federal Reserve raises US interest rates to highest level in 22 years
WEBJul 26, 2023 · The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday to the highest level in 22 years as it left the door open to further increases this year.
A timeline of the Fed's '22–'23 rate hikes & what caused them
WEBThrough its rate hikes in 2022 & 2023, the Fed aimed to contain inflationary forces and maintain “maximum” levels of employment — all while steering the economy clear of recession.