Breaking: The Federal Reserve resumed raising interest rates with a quarter-percentage-point increase that will lift them to a 22-year high
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflationThe Federal Reserve is central to the U.S. economy today, but its power has been built over decades. Its decisions can lower inflation or spark a recession. WSJ explains how the Fed was formed and the role it plays. Photo illustration: Annie Zhao
WASHINGTON—The Federal Reserve resumed lifting interest rates Wednesday with a quarter-percentage-point increase that will bring them to
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Federal Reserve raises interest rate by 25 bps to 5.25-5.5% as expectedThe Federal Reserve (Fed) is expected to raise its policy rate by 25 basis points (bps) to the range of 5.25%-5.5% on Wednesday, July 26 at 18:00 GMT.
Read more »
Federal Reserve raises key interest rate to highest level in more than 20 yearsIt's all part of the central bank's effort to keep slowing down inflation which, as of June, remains above the central bank's 2% target.
Read more »
Interest Rates: Will the Federal Reserve pause, hike, then pause again?Inflation cooled considerably from last June through June this year. But the Fed might raise rates in July to keep driving inflation down further.
Read more »
With consumer prices still overheated, the Federal Reserve is set to crank up interest rates againAnalysts say the central bank will raise its key federal funds rate Wednesday by 0.25% to more than 5%. That would be the highest level since 2007.
Read more »
Federal Reserve like to raise interest rates to highest level in 22 yearsThere are three possibilities for what the Fed might do moving forward, according to economists.
Read more »
Federal Reserve like to raise interest rates to highest level in 22 yearsThere are three possibilities for what the Fed might do moving forward, according to economists.
Read more »