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...
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.
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...
Fed Meeting Live Updates: Interest Rates Raised 0.75 Percentage …
Jun 15, 2022 · The Federal Reserve approved the largest interest rate increase since 1994 and signaled it would continue lifting rates this year at the most rapid pace in decades as it races to slow...
Federal Reserve raises key rate to highest level in 22 years | AP …
Jul 26, 2023 · The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.
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...
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 News Fed Fights Inflation With Another Big Rate Increase
Jul 27, 2022 · The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday, continuing its aggressive campaign to cool rapid inflation even as the economy begins to slow.
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. The increase may be its last for now, as...
Fed unleashes another big rate hike in bid to curb inflation
Jul 27, 2022 · The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation.