Tag: consumer borrowing
Federal Reserve cuts key rate by quarter-point
WASHINGTON (AP) – The Federal Reserve cut its key interest rate Wednesday by a quarter-point – its third cut this year – but also...
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...
Federal Reserve raises key rate for 11th time by a quarter-point
WASHINGTON (AP) – The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that...
Fed’s Powell: More rate hikes are likely this year to fight...
WASHINGTON (AP) – With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair...
Fed leaves interest rates unchanged for first time in 15 months
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation....
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