US Federal Reserve System

U.S. Fed raises interest rate to 2.5%

The U.S. Federal Reserve raised its benchmark interest rate a quarter-point but lowered its projections for future hikes. As markets had expected, the central bank took the target range for its benchmark funds rate to 2.25% to 2.5%. The …

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 Senators tell Trump to back off  Federal Reserve

U.S. senators Jeff Flake and Chris Coons called on President Donald Trump to back off the Federal Reserve. "We are concerned about your recent comments harshly criticizing the Federal Reserve for its interest rate …

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U.S. Fed leaves rates unchanged

The U.S. Federal Reserve left interest rates unchanged and stayed on course to hike in December as strong economic growth, higher tariffs and rising wages look set to spur inflation.  The unanimous 9-0 decision left the …

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 Trump names biggest threat to U.S.

U.S. President Donald Trump said that the Federal Reserve's policy is the biggest threat to his presidency. "My biggest threat is the Fed," the president said during an interview with FOX Business. …

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Federal Reserve raises interest rates again

The US Federal Reserve has raised interest rates again, BBC reports. Officials increased the target for the bank's benchmark rate by 0.25%, to a range of 2%-2.25%. A majority of members also said they expect another rise before the …

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US Fed leaves rates unchanged

The Federal Reserve upgraded its assessment of the U.S. economy, but decided to skip another interest rate increase for now. The central bank's policymaking Federal Open Market Committee voted unanimously to keep the target range …

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Trump criticizes Federal Reserve interest rate policy

U.S. President Donald Trump criticized Federal Reserve policy even though most economists believe the highest inflation in seven years and lowest unemployment in 40 years justify recent interest rate rises and a strong U.S. …

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US Fed raises interest rates amid stronger inflation

The US Federal Reserve raised its benchmark short-term interest rate a quarter percentage point yesterday - to 1.75 percent to 2 percent. "The Committee expects that further gradual increases in the target range for the …

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Fed keeps key rate steady but notes rising inflation

The Federal Reserve is keeping its benchmark interest rate unchanged but says that inflation is climbing after years of being stuck below the Fed's target level, Odessa American reports. The Fed on Wednesday left its key short-term …

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US Fed raises interest rates

The US Federal Reserve raised rates yesterday in its first meeting under Chairman Jerome Powell. "The economic outlook has strengthened in recent months," the Fed said in a statement following its two-day …

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US Federal Reserve leaves rates unchanged

The US Federal Reserve left its benchmark interest rate unchanged in a range of 1.25% to 1.5%, a relatively low level that the Fed said would help support continued job growth and stronger inflation. The Fed’s economic outlook …

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US Federal Reserve raises interest rates again

The US Federal Reserve has agreed to raise interest rates by 0.25%, the third rate rise in 2017, BBC reports. Policymakers at the US central bank say the move, which was widely expected, underscores "solid" gains in the US …

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