Interest Rates

Federal Reserve

Fed Chairman Rolls Back # of 2019 Rate Hikes from Three to Two

FFederal Reserve Chairman Jerome Powel revealed the Federal Open Market Committee (FOMC) brought the prediction down to two rate hikes in 2019 from three in light of the quarter percent rate hike announced Wednesday afternoon.

Fed Chief Jerome Powell

Fed Chief: 2018 Best Year Since Financial Crisis

Federal Reserve Chairman Jerome Powell declared 2018 the “best year since the financial crisis” after revealing a late 2018 quarter percent rate hike Wednesday.

WASHINGTON, DC - DECEMBER 06: Federal Reserve Board Chairman Jerome Powell speaks during a Rural Housing Assistance Council Awards Reception, on December 6, 2018 in Washington, DC. (Photo by Mark Wilson/Getty Images)

Federal Reserve Hikes Interest Rates Again

WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy’s continued strength but signaling that it expects to slow hikes next year. The quarter-point hike, to a

The Associated Press

Federal Reserve Expected to Raise Rate Target

The Federal Reserve will almost certainly raise its short-term interest rate target by a quarter percentage point at the conclusion of its two-day policy meeting Wednesday.

bank of england

UK Inflation Unexpectedly Falls Easing Living Standards Slump

LONDON (AP) — Inflation in Britain unexpectedly fell in the year to June, official figures showed Tuesday in a development that’s eased market expectations that the Bank of England will raise interest rates soon. The Office for National Statistics said