Tag: US interest rates

Fed policymakers see higher U.S. interest rates for longer

Fed policymakers see higher U.S. interest rates for longer

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Federal Reserve Board Chairman Jerome Powell looks on during a news conference at the Federal Reserve Building in Washington, U.S. | Photo Credit: Reuters Federal Reserve policymakers expect to raise U.S. interest rates further, and keep them high for longer, than they had earlier anticipated, signaling Wednesday that squashing high inflation will likely take a […]

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U.S. Federal Reserve attacks inflation with its largest rate hike since 1994

U.S. Federal Reserve attacks inflation with its largest rate hike since 1994

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The move announced by the U.S. Federal Reserve will raise its benchmark short-term rate to a range of 1.5% to 1.75% The move announced by the U.S. Federal Reserve will raise its benchmark short-term rate to a range of 1.5% to 1.75% The Federal Reserve on Wednesday intensified its drive to tame high inflation by […]

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