The Fed Hikes Rate For 10th Time In 14 Months
Raises federal funds rate by another 25 basis points, hints at potential pause.
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Tagged: Federal Open Market Committee
Banking Crisis Influenced Fed Rate-Hike Decision
Minutes of March FOMC meeting reveal staff now predict a 'mild recession' starting later this year.
Apr 13, 2023
Feeling Like A 'Crash Test Dummy'
Rate-sensitive housing market buckles up after the Fed tries again to slow the economy.
Mar 23, 2023
Annual Inflation Slowed Again In December
CPI report shows YOY rate at 6.5%, down from 7.1% in November.
Jan 12, 2023
The Fed Hikes Interest Rate 0.5%, Raises Target For '23
The 50-basis-point hike is 7th in 2022, but target range for 2023 is still 85 basis points higher.
Dec 14, 2022
Economists: Inflation May Have Peaked
CPI slipped to 7.7% in October, the smallest YOY increase since January.
Nov 10, 2022
The Fed Raises Interest Rate 0.75% For The 3rd Time
Chairman said housing market may have to go through "a correction" to return to balance.
The Fed Plans To Raise Rates 'Until The Job Is Done'
The Fed’s primary goal is to reduce inflation, although this may “bring some pain to households and businesses.”
Aug 26, 2022
Fed Expects To Continue Rate Hikes, But Worries It Could Go Too Far
July meeting minutes show another 50-basis-point rate hike is expected in September.
Aug 18, 2022
Rate Hike Reax: Opinions Vary Over Impact On Mortgage Rates, Industry Job Market
Experts do agree there is much uncertainty about what the Fed will do next.
Jul 27, 2022