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September 22, 2022
At Wednesday’s meeting, it upped the fed funds rate to a maximum of 3.25%.
September 21, 2022
CBS 58 is your local source for the Milwaukee news, Milwaukee weather, and Milwaukee sports.
September 21, 2022
"We anticipate that ongoing increases will be appropriate," Federal Reserve Chair Jerome Powell said Wednesday.
September 19, 2022
The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control. Investors wonde...
September 18, 2022
The largest part of the U.S. economy is holding up against the hottest inflation in four decades and the threat of a potential recession.
September 16, 2022
The University of Michigan's consumer sentiment index rose less than expected in September as Americans' confidence in the economy remains near a historic low.
September 16, 2022
A shock warning from FedEx has deepened concerns about the US economic outlook with further heightening the focus on next week’s policy meeting.
September 13, 2022
Stocks plunged on Tuesday as fears that the Federal Reserve will ultimately spark a recession spread like wildfire after a hotter-than-expected inflat
September 13, 2022
Inflation rose faster than expected in August, squeezing U.S. households in the form of higher prices for everyday necessities like groceries, rent and electricity.
September 2, 2022
Investors hope for a low number, which could mollify a hawkish Federal Reserve.