The Fed Slows Rate Increases

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.

US Federal Reserve increases benchmark rate by a quarter of percentage point

‘Ongoing increases’ will be needed to bring price pressures under control

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.

The Fed slows interest rate increase to 0.25 percentage points

The Federal Reserve announced this Wednesday a new interest rate increase of 0.25% that will be added to the series of increases expected for 2023 in its fight to control inflation

Fed slows pace and raises key interest rate by 0.25 percentage points

The Fed raised the key interest rate by half a point back in December 2022. It is the smallest interest rate hike since last March