It is three weeks before Black Friday, but the Federal Reserve is about to make the post-holiday debt hangover a little more intense. By the time the latest rate hikes Read more
Tag: rate
Fed approves another jumbo interest-rate hike, but also signals go-slower strategy
The Federal Reserve on Wednesday approved the fourth straight jumbo increase in a key U.S. interest rate and signaled rates are likely to go higher than previously forecast. Yet the Read more
Dow jumps about 300 points, stocks rally after Fed fires off 4th jumbo rate hike
U.S. stocks turned sharply higher on Wednesday after the Federal Reserve fired off another 75 basis point rate increase in an attempted to cool inflation that’s been tough to coax Read more
Fed approves another jumbo interest-rate hike, but also signals go-slower strategy
The Federal Reserve on Wednesday approved the fourth straight jumbo increase in its benchmark interest rate, extending a rapid pace of hikes that brings the rate to the highest level Read more
U.S. Treasury sweetens the pot on I-bonds by adding a fixed rate
After record-breaking sales of I-bonds in October, the U.S. Treasury is dangling another good deal in front of savers for the next six months. Starting Nov. 2, when I-bonds will Read more
Another jumbo Fed rate hike is expected this week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting this week. A hike of three-quarters of a Read more
Another Fed jumbo rate hike is expected next week and then life gets difficult for Powell
First the easy part. Economists widely expect the Federal Reserve to approve the fourth straight jumbo interest rate rise at its meeting next week. The three quarters of one percentage Read more
U.S. savings rate falls to 3.1% in September from 3.4% in August
U.S. savings rate falls to 3.1% in September from 3.4% in August
Market expectations start to shift in direction of slower pace of rate hikes by Fed
In a year dominated by worries about inflation and rising interest rates, strategists and traders said a narrative is building within financial markets in which the Federal Reserve will likely Read more
Euro slips as traders see ECB opening the door to slower rate hikes
The euro dipped back below parity versus the U.S. dollar on Thursday as traders bet the European Central Bank will slow the pace of interest rate hikes after delivering another Read more