Breaking news: The Federal Reserve raised interest rates for the 10th time in just over a year — and signaled that it will stop hoisting borrowing costs as the economy slows and fears of a recession grow.
Federal Reserve Chair Jerome H. Powell holds a news conference after the central bank’s update on interest rates.
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Live updates: Federal Reserve raises interest rates unanimously by a quarter percentage pointThe Federal Reserve will announce its decision on interest rates Wednesday afternoon. Investors expect a 25 basis point rate hike.
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Federal Reserve expected to raise interest rates 0.25%, investors debate next steps'When the Fed increases interest rates, it exposes any fissures in the financial markets or the economy....the recent tightening...contributed to the recent stress in the banking system,' said one economist. Fed is expected to raise interest rates 0.25%:
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Federal Reserve Raises Rates, Signals Potential PauseBreaking: The Fed raised interest rates by a quarter point and signaled it could be done lifting rates for now
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US Federal Reserve TK interest ratesWednesday’s interest rate decision was largely expected, with traders pricing in such a rise ahead of time.
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Federal Reserve raises interest rates to 16-year high as fight to tame inflation continuesThe central bank faces signs of weakening economic growth even as inflation stays high and the labor market remains robust.
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Federal Reserve pushes interest rates above 5% for first time since 2007The Federal Reserve raised the target range for its benchmark interest rate to a new range of 5%-5.25%, the highest its been since September 2007 — and it could get higher still.
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