The Fed hikes interest rates by a quarter point and hints at ... - CNN
Jul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
A timeline of the Fed's '22–'23 rate hikes & what caused them
March 16, 2022: The Fed makes its first interest rate increase since 2018, raising rates by 0.25% to a level of 0.25–0.50%. May 5, 2022: The Fed increases interest rates from 0.50% to 0.75–1. ...
Federal Reserve News What Happened Today at the Fed Meeting
May 3, 2023 · Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation — but they also opened the door to a possible pause...
Federal Reserve raises interest rates to highest point in more …
Jul 26, 2023 · The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the...
Federal Reserve Meeting Fed Raises Rates Again
Jul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
Federal Reserve raises US interest rates to highest level in 22 years
Jul 26, 2023 · The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday to the highest level in 22 years as it left the door open to further increases this year.
Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage …
Jun 15, 2022 · Officials agreed to a 0.75-percentage-point rate rise at their two-day policy meeting that concluded Wednesday, which will increase the Fed’s benchmark federal-funds rate to a range between...
Fed approves hike that takes interest rates to highest level in …
Jul 26, 2023 · Key Points. The Federal Reserve approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their highest level in more than 22 years. The quarter percentage point...
Federal Reserve raises interest rates to 16-year high as fight to …
May 3, 2023 · The Federal Reserve announced Wednesday it was raising its key federal funds rate to more than 5% — a 16-year high — as it continues its firefight against persistent inflation.
Fed Interest Rates Live Updates: Powell Raises a Half Percentage …
May 4, 2022 · On Wednesday, central bank officials approved a half-percentage-point interest rate increase, lifting the federal-funds rate to a target range between 0.75% and 1%. But it was Fed Chairman...