Fed hikes rates by 75 basis points for first time since 1994

Fed attacks inflation with its largest rate hike since 1994

The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off…

The Federal Reserve approves the biggest interest rate hike since 1994

The central bank is tightening its policy against inflation with an increase of 0.75 percentage points and a target range of 1.5% to 1.75%

Fed attacks inflation with its largest rate hike since 1994

The Fed’s decision to impose a rate hike as large as it did Wednesday was an acknowledgment that it's struggling to curb the pace and persistence of inflation.

Federal reserve's recent rate hike leaves us with 5 things to note in Asian markets

Following the market volatility this month and an unusual rate hike by the Fed since 1994, these are a few things one can expect.

Fed attacks inflation with largest rate hike since 1994

WASHINGTON (AP) — The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries…

Fed rolls out biggest rate hike since 1994, flags slowing economy

The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S. central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands.