The Federal Reserve pumped up its benchmark interest rate on Nov. 2 by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.
November 2, 2022interest rate News Updates
Fed Attacks Inflation With Another Big Hike and Expects More
Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Sept. 21 by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come.
September 21, 2022Fed Seen Holding Rates at Zero for Five Years in New Policy
The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy.
August 26, 2020Fed Cuts Rates by Quarter Point, Hints It May Be Done for Now
Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this year and hinted they may be done loosening monetary policy, at least for one meeting.
October 30, 2019Federal Reserve Cuts Rate .25%
Federal Reserve policymakers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy thats holding up well.
September 18, 2019Federal Reserve Cuts Interest Rates for First Time Since 2008
The Federal Reserve reduced interest rates for the first time since the financial crisis in a move that Chairman Jerome Powell said was designed to ensure against downside risks rather than signaling the start of a lengthy cycle of monetary policy easing.
July 31, 2019Traders Place Bets on Rate Cut From Fed
Bond traders have a decent record when it comes to nailing the Federal Reserves path relative to official guidance. So while Chairman Jerome Powell says the policy rate is in a good place, history suggests his next move could align with what futures are showing a rate cut.
March 21, 2019Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two
The Federal Reserve raised borrowing costs for the fourth time this year Dec. 19, ignoring a stock market sell-off and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.
December 19, 2018Fed Raises Rates for Third Time This Year With One More Expected
WASHINGTON The Federal Reserve signaled its confidence in the U.S. economy Sept. 26 by raising a key interest rate for a third time this year, forecasting another rate hike before years end.
September 27, 2018Fed Leaves Interest Rates Unchanged
Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases.
May 2, 2018Trending
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