The Federal Reserve said it would raise interest rates by a quarter of a percentage point at its Federal Open Meeting Committee (FOMC) on May 3 the tenth…
On the eve of the Federal Reserve's Federal Open Meeting Committee (FOMC) decision on rates which is widely expected to be another 25 basis points increase a group of Democratic lawmakers is.
Despite growing calls from politicians and economists for the Federal Reserve to pause its rate hikes, it came as no surprise that Fed officials once again unanimously stated on May 3, that they would.