A timeline of the Fed's '22–'23 rate hikes & what caused them
In July 2023, the Fed made its final 0.25% increase, bringing rates to 5.25–5.50%. The Fed funds rate has not been cut since then. Contents. What are Fed rate hikes? How does the Fed decide...
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 U.S...
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...
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.
Fed recap: Details from the Federal Reserve's July hike and ... - CNBC
Jul 26, 2023 · This may be Fed's last hike this year, bank managing director says. The interest rate hike announced Wednesday could be the last of 2023, according to Rajeev Sharma, managing director of...
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.
FOMC Meeting: Fed Raises Rates to 22-year High, Leaves Door …
Jul 26, 2023 · Fed raises rates to 22-year high, leaves door open for more; Powell says FOMC to take data-dependent approach on future hikes; View on economic growth shifts from ‘modest’ to ‘moderate’
Federal Reserve News What Happened Today at the Fed Meeting
May 3, 2023 · The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high.
Fed Expected to Raise Interest Rates: What to Know - The New York Times
May 3, 2023 · Federal Reserve officials are set to release an interest rate decision on Wednesday afternoon, and while investors widely expect policymakers to lift borrowing costs by a quarter-point, they will...
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.