Federal Reserve

Politics

The Fed boosted interest rates 0.75% percentage points — the most since 1994. Here’s how it will affect your wallet.

Earlier this year, the Federal Reserve turned to its most potent weapon — raising interest rates — to combat soaring…

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Europe

US Federal Reserve attacks inflation with largest rate hike since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters…

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Politics

The Fed boosted interest rates 0.75% — the most since 1994. Here’s how it will affect your wallet.

Earlier this year, the Federal Reserve turned to its most potent weapon — raising interest rates — to combat soaring…

Read More »
Politics

The Fed is about to jack up interest rates, Wall Street says

Earlier this year, the Federal Reserve turned to its most potent weapon — raising interest rates — to combat soaring…

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Movies

Top economist says most US inflation ‘could have been avoided’

Most of the current record high inflation could have been avoided had the Federal Reserve acted earlier and shown humility…

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Europe

US raises interest rates by half a point to tame inflation

The US Federal Reserve raised its benchmark short-term interest rate by half a percentage point, its biggest jump since 2000.…

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Movies

Federal Reserve launches emergency effort to support money-market funds

The Federal Reserve is creating an emergency lending program to help unclog a short-term credit market that has been disrupted…

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Politics

Fed Chairman Jerome Powell warns of widespread bankruptcies in

Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and…

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Politics

Fed looks to hike interest rates half a point as inflation soars

The Central Bank may increase the federal funds rate by .5% at the meeting in May as inflation soars, Federal…

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Politics

Biden taps Michael Barr for Fed’s bank regulation position

WASHINGTON — President Joe Biden announced Friday he plans to nominate Michael Barr, the dean of the University of Michigan’s public…

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