Fed officials also plan to accelerate the central bank's tapering of bond purchases as they adjust their economic outlook on high inflation. (iStock) The Federal Reserve will speed up tapering of its ...
To reduce persistently high inflation, the Federal Reserve announced a third consecutive "jumbo" interest hike of 0.75% Wednesday, further increasing the cost of debt for credit cards, vehicle ...
Global fund managers are holding the lowest cash levels in nearly two decades while crowding into stocks and commodities, a ...
(The Hill) — Americans with credit card debt are caught in the crossfire of the Federal Reserve’s battle to bring down inflation. The average annual percentage rate (APR) for credit cards hit 22.39 ...
European shares shrugged off a weak start to the session to end higher on Thursday after the U.S. Federal Reserve signalled a ...
The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.
Lending Perspective The Federal Reserve’s decisions to lower its federal funds rate by a quarter-point in September, then ...