Fed Rate Decision

• U.S. Fed hikes interest rates by 75 basis points in bid to tame inflation

  The Fed's move will raise its key rate, which affects many consumer and business loans, to a range of 2.25 per cent to 2.5 per cent, its highest level since 2018.

  Economy

  Jul 27, 2022
  
• Fed signals interest rate hikes could come as early as 2022

  The U.S. Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases "soon".

  Money

  Sep 22, 2021
  
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• U.S. Fed sees economy accelerating in 2021, but maintains near-zero rate outlook

  The Federal Reserve said Wednesday that it foresees the economy growing at a 6.5 per cent pace this year.

  World

  Mar 17, 2021
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• U.S. Federal Reserve cuts rates for 3rd time — but it may be the last this year

  By cutting rates, the Fed has tried to counter uncertainties heightened by President Donald Trump's trade conflicts, a weaker global economy and a decline in U.S. manufacturing.

  World

  Oct 30, 2019
• U.S. Federal reserve cuts interest rates for the first time since the financial crisis

  The central bank said it will act 'as appropriate' to sustain a record-long U.S. economic expansion, appearing to leave the door open for another cut.

  Money

  Jul 31, 2019
• U.S. Federal Reserve lifts rates, predicts two more hikes this year

  Guidance from the U.S. central bank likely marks the end of the kind of crisis-driven monetary policy that started with the financial crisis.

  Money

  Jun 13, 2018