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US economy grew at 2.4% rate in second quarter - Vimarsana News

US economy grew at 2.4% rate in second quarter

The US economic recovery gained momentum in the spring as buoyant consumer spending and resurgent business investment helped to keep a recession at bay.

After a pause, US Fed likely to hike interest rates to 22-year high - Economy - Business - Vimarsana News

After a pause, US Fed likely to hike interest rates to 22-year high - Economy - Business

After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation

FOMC Meeting Preview: Powell Faces Crucial Decision As Inflation Data Puts Fed At A Crossroads - SPDR S&P 500 (ARCA:SPY) - Vimarsana News

FOMC Meeting Preview: Powell Faces Crucial Decision As Inflation Data Puts Fed At A Crossroads - SPDR S&P 500 (ARCA:SPY)

At the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, the Federal Reserve is poised to increase the fed funds rate by 25 basis points, pushing borrowing costs to 5.25-5.5%, the highest since February 2001.

After a pause, US Fed likely to hike interest rates to 22-year high - Vimarsana News

After a pause, US Fed likely to hike interest rates to 22-year high

WASHINGTON, July 24 — After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance...

Federal Reserve to resume rate hikes after June pause - Vimarsana News

Federal Reserve to resume rate hikes after June pause

The Federal Reserve is expected to raise rates by 0.25% on Wednesday, resuming its aggressive rate hiking campaign in an effort to bring inflation back to its 2% target.

Source: yahoo.com