US Fed delivers first rate hike in over 3 years
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The Federal Reserve raised interest rates Wednesday — a move that puts new Fed Chair Kevin Warsh squarely at odds with Trump.
The Federal Reserve increased its target range for the first time since 2023. Here’s how savers can make the most of higher interest rates.
Its decision was accompanied by new inflation and interest rate forecasts showing that most policymakers expect one more tightening this year
Fed cuts are one piece of the puzzle in how banks determine loan rates and could contribute to a trend of interest rates slowly rising over time.
Federal Reserve Chairman Kevin Warsh answers questions following the central bank's decision to raise the federal funds rate by 25 basis points.
The FOMC is expected to raise the federal-funds target range to 3.75%-4% when it releases its rate decision on Wednesday at 2 p.m. Eastern. Warsh will later speak to the media in a press conference slated to start at 2:30 p.