BREAKING: Federal Reserve raises interest rates by 0.25% to a 16-year high, in latest effort to curb inflation.
The Federal Reserve announced Wednesday it was raising its key federal funds rate to more than 5% — a 16-year high — as it continued its firefight against persistent inflation.announcing the hike — the 10th-consecutive one since March 2022 — it omitted previous language that signaled more hikes were likely.
The latest decision comes at a fraught moment as high prices, high interest rates, and slowing growth would all seem to spell an economic downturn. "Provided the economic data slows only gently and inflation remains elevated, and the banking sector volatility is fairly contained, we think a June hike is still possible," she wrote."Indeed, we believe there is a higher risk of a rate hike in June than what the market is currently pricing in."
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Federal Reserve expected to raise interest rates 0.25%, investors debate next steps'When the Fed increases interest rates, it exposes any fissures in the financial markets or the economy....the recent tightening...contributed to the recent stress in the banking system,' said one economist. Fed is expected to raise interest rates 0.25%:
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Federal Reserve expected to raise key interest rate for 10th time amid banking turmoilSuch anxieties would argue against further rate hikes, at least for now.
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Federal Reserve expected to raise key interest rate for 10th time amid banking turmoilSuch anxieties would argue against further rate hikes, at least for now.
Weiterlesen »
Federal Reserve expected to raise key interest rate for 10th time amid banking turmoilSuch anxieties would argue against further rate hikes, at least for now.
Weiterlesen »
Federal Reserve expected to raise key interest rate for 10th time amid banking turmoilSuch anxieties would argue against further rate hikes, at least for now.
Weiterlesen »
Federal Reserve expected to raise key interest rate for 10th time amid banking turmoilSuch anxieties would argue against further rate hikes, at least for now.
Weiterlesen »