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THE FEDERAL RESERVE, led by Chairman Jerome Powell, raised the federal funds rate target to a range of 2.25 percent to 2.5 percent, the central bank's fourth hike this year. But Powell and company signaled that they expect two rate hikes in 2019, as opposed to the three that were forecast previously. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed raises rates, trims forecast for hikes in 2019 to two

WASHINGTON – The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald...

Survey: U.S. companies may be ‘overexposed’ to rising interest rates

PROVIDENCE – About two-thirds of U.S. corporate decision-makers have not locked in favorable rates to mitigate their interest rate and foreign-exchange exposure, a decision...
THE FEDERAL RESERVE left interest rates unchanged Thursday in a unanimous vote and stayed on course to hike in December as strong economic growth, higher tariffs and rising wages look set to spur inflation. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed stands pat on interest rates ahead of expected Dec. hike

NEW YORK - The Federal Reserve left interest rates unchanged and stayed on course to hike in December as strong economic growth, higher tariffs...
WEDNESDAY'S SELLOFF in U.S. equity markets continue a recent trend, as rising interest rates and continuing trade spats injected uncertainty into world markets. / BLOOMBERGE NEWS PHOTO/MICHAEL NAGLE

U.S. stocks plunge most since Feb.

NEW YORK – United States stocks tumbled the most since February as fresh concern about the impact of the trade war with China roiled...
THE FEDERAL RESERVE raised federal interest rates a quarter-point, boosting the benchmark federal funds rate to a target range of 2 percent to 2.25 percent. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed raises rates and says more coming, brushing off Trump jabs

NEW YORK - Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into...

Trump wants the Fed to roll back the U.S. economy

Doves on the Federal Reserve evidently have a vocal ally in President Donald Trump. He said recently he’s “not thrilled” about the Fed increasing...
FEDERAL RESERVE OFFICIALS raised interest rates for the second time this year. / BLOOMBERG FILE PHOTO/JOSHUA ROBERTS

Fed raises rates; Officials lift outlook to four 2018 hikes

NEW YORK – Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in...

Rising yields won’t blunt the U.S. economy’s momentum – for now

NEW YORK – There’s too much momentum and too little debt for rising interest rates to derail the U.S. economic expansion.That’s the conclusion from...
U.S. CONSUMER PRICES increased 0.2 percent in February from January, keeping the economy on the Federal Reserve's preferred inflation path. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

U.S. inflation firmed in February without outsize acceleration

WASHINGTON – U.S. consumer prices continued to firm in February, indicating inflation is creeping up toward the Federal Reserve’s target without the kind of breakout...
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