Mixed signals as US Fed hints at interest rate cut in 2024
WASHINGTON, 23 March 2023: Financial markets have quickly dismissed the latest interest rates hikes by the US Federal Reserve and instead focused on dovish signals in the de facto American …
US Fed eases rate with 8th straight hike
WASHINGTON, 2 Feb 2023: The US Federal Reserve yesterday announced the eighth consecutive increase in its benchmark interest rate, although the 25-basis-point hike marked its least aggressive move since March …
US Fed slows rate hike to 50 basis points
WASHINGTON, 15 Dec 2022: The US Federal Reserve took further action yesterday to tackle high inflation, although it opted for a slightly less aggressive 50-basis-point hike in its benchmark interest …
Yet another US Fed 75-basis-point rate hike
WASHINGTON, 3 Nov 2022: The US Federal Reserve yesterday announced a new 0.75-percentage-point hike in its benchmark interest rate – the fourth consecutive increase of that magnitude – in a …
US Fed chief reaffirms need for more sharp rate hikes
WASHINGTON, 27 Aug 2022: Despite the hardships associated with steady interest rate hikes, the longer-term economic pain for businesses and households will be even greater if inflation is not tamed …
US Federal Reserve approves biggest rate hike in two decades
NEW YORK, 5 May 2022: The US Federal Reserve yesterday approved a rare half-point interest rate hike – the biggest increase in more than two decades – and indicated that …
Second interest rate hike by US Fed within 3 months
WASHINGTON, 15 June 2017: The Federal Reserve raised interest rates yesterday for the second time in three months – and said it would begin cutting its holdings of bonds and …