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.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The Federal Reserve raised its benchmark interest rate by 0.75 percentage point on Wednesday — the biggest hike since 1994 — to try to curtail today's record-high inflation. While the Fed is ...
Traders have put the odds of a quarter-point rate hike by the Fed on May 3 at 74%, after the strong US job data released on Good Friday showed that US employers continued to hire at a robust pace ...