The Fed Slows Rate Increases
12 Articles
12 Articles
U.S. Fed slows pace of rate hikes with 0.25 point increase
The U.S. Federal Reserve approves another hike in its benchmark interest rate, but at a slower pace of 0.25 percentage point, with the suggestion that "ongoing increases" will be needed to battle persistent inflation.
Fed key interest rate raised by 0.25 percentage point
The U.S. Central Bank's Open Market Committee (FOMC) raised the key interest rate by 0.25 percentage points in line with expectations. This is now at a level of 4.50 per cent to 4.75 per cent. As the Federal Reserve (Fed) said, with further increased inflation, they plan for new raises.
Fed slows rate hikes, signals further increases are coming
Policymakers lifted the Feds target for its benchmark rate by a quarter percentage point to a range of 4.5% to 4.75%. The smaller move followed a half-point increase in December and four jumbo-sized 75 basis-point hikes prior to that.
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