Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interest rates going forward. The ...
Federal Reserve Chair Jerome Powell said Thursday it is too soon to be certain that the bank won’t need to raise interest ...
Instead, the central bank is lowering rates as part of what Powell has called “a recalibration” to a lower-inflation ...
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...