The Federal Reserve, the central bank of America, on Wednesday went for another rate hike of 25 basis points to cool down persistently high inflation. The Fed is aiming to bring inflation under 2 ...
Fed Chair Jerome Powell said fallout from the US banking crisis could mean rates might not have to rise as high as they normally would given the level of inflation. Federal Reserve Chairman Jerome ...
Amanda Holland is a professional writer and lifelong math nerd. She worked as a signals analyst and math instructor for the Defense Department before switching to freelance writing after her kids ...
Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.
Dive into the financial market outlook as Dan Kern reviews the first half of 2023 and suggests what to expect in Q3. The markets rebounded strongly following Fed rate hikes and banking stress.
Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central ...
Federal Reserve officials were privately divided over whether they should pause interest rate hikes despite unanimously voting to do so last month, according to meeting notes released Wednesday.
Despite numerous Federal Reserve's interest rate hikes in recent years, inflation has remained stickier than many expected. The most recent inflation data showed prices rising by 3.5% year-over ...
You look at lending standards, they've loosened. I mean, there's really zero reason for the Fed to hike from a growth-- or excuse me. Cut from a growth perspective and then you throw on inflation ...
The Fed held its ground on interest rates, and ruled out rate cuts till the Fed was battling the recent spike in inflation. It may be recollected that the US Fed has now kept its benchmark short-term ...
Fed Chair Powell flip-flops again - hawkish turn on April 16, but dovish two weeks later. Powell also dismissed the idea of ...