The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.
Federal Reserve officials will decide whether to raise rates in the face of persistently strong inflation and bond market anxiety.
The Federal Reserve voted to raise interest rates by 25 basis points on Wednesday to a range of 3.75%-4% amid persistently high inflation. The decision was unanimous.
After a unanimous vote, the Federal Reserve chairman says: "The plain fact is inflation is too high and has been for too long ...
Fed cuts are one piece of the puzzle in how banks determine loan rates and could contribute to a trend of interest rates ...
Global shares were higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve’s decision on ...