Stocks reverse course and head lower following Fed’s interest-rate increase
Tag: interestrate
‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services. While economists say raising Read more
‘It’s natural for everyday investors to wonder when these interest-rate increases will stop’: The ‘terminal rate’ — the peak of this rate cycle — may still be far off
The economy is somewhere in the Federal Reserve’s interest rate hiking saga to tame inflation, but people already want to know where the story ends. That’s what’s getting discussed when Read more
Fed’s Bostic thinks recession can be avoided even with further interest-rate hikes
The Federal Reserve can keep raising its benchmark rate this year at the fastest pace in nearly 30 years without causing a recession, Atlanta Fed President Raphael Bostic said Monday. Read more
Inflation is ‘just too high and doesn’t seem to be coming down’: Fed’s Waller backs big interest-rate hikes
Federal Reserve Gov. Christopher Waller on Thursday said he backs big increases in a key U.S. interest rate over the next several months to drive U.S. inflation lower and make Read more