Tag: Benchmark interest rate
Federal Reserve leaves key interest rate unchanged
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and...
U.S. producer prices rose 0.2% last month on higher energy costs
WASHINGTON (AP) – U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index – which tracks inflation before...
Powell may hint at how fast and how far the Fed...
WASHINGTON (AP) – Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market that's...
Fed plans to raise rates as soon as March to cool...
WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key...
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