The Federal Reserve is raising its benchmark interest rate a quarter of a percentage point, officials with the central bank said on Wednesday, its eighth consecutive hike as policy makers try to…
Tag: Interest
Fed raises interest rates by a quarter point but signals inflation fight’s not over
The Wall Street Journal senior writer Jon Hilsenrath discusses expectations for the Fed’s next interest rate decision on ‘The Claman Countdown.’ The Federal Reserve on Wednesday raised its benchmark interest rate by…
Bitcoin Holds Steady as Fed Hikes Interest Rates Again – Decrypt
Bitcoin and the rest of the cryptocurrency market has held steady following the Federal Reserve’s announcement today that the central bank has hiked interest rates by 25 basis points. The move, which…
Live updates on next interest rate hike decision
The Federal Reserve will announce its first interest rate decision of the year this afternoon. The central bank is expected to raise its short-term interest rate by a quarter percentage point, a slowing of last year’s…
Economy live updates: Relief checks, recession, earnings, unemployment, interest rates, inflation
Hello and welcome to AS USA’s live blog on financial relief and other economic news as the US recovers from pandemic related disruptions. Today, the Federal Reserve is expected to increase interest…