Stay updated with breaking news from The Fed. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Although the Federal Reserve quietly removed its forward guidance from its latest announcement that it would raise interest rates by another 25 basis points, job growth continues to come in way too hot to assume that the central bank will not raise rates at least once more during the year.
The Fed raises interest rates a quarter of a percentage point and signals it may pause further increases
/cloudfront-us-east-1.images.arcpublishing.com/tgam/5XOLMNA3JNOCTKPGUKPOT3ITFA.jpg)
Some worry this year’s rebound has made equities too expensive
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
/cloudfront-us-east-1.images.arcpublishing.com/tgam/WGZHLA6MVRKDVCSOXV4FTBSXRA.jpg)
The Bank of Japan removed a pledge from its guidance for interest rates to stay at ‘current or lower levels’ in a move that gives it more leeway for a future policy tweak