U.S. Interest Rates

• U.S. Fed holds interest rates steady but signals future hikes could be needed

  The move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.

  U.S. News

  Sep 20, 2023
  
• U.S. Fed hikes key interest rate, leaves door open to more

  The U>S. Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale.

  Economy

  Jul 26, 2023
  
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• Rate hikes, social media drove SVB’s collapse, former CEO says

  Greg Becker, former CEO of SVB, apologized in congressional testimony for what he called the "devastating" collapse of the firm while.

  Money

  May 15, 2023
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• U.S. inflation cools slightly in April, but prices still elevated 

  Consumer prices in the U.S. accelerated in April after months of declines, with measures of underlying inflation suggesting that rising costs could persist for months to come.

  Economy

  May 10, 2023
• U.S. Fed raises rates but signals possible pause to assess bank failures

  As widely expected, the U.S. Federal Reserved raised its benchmark interest rate by 25 basis points on Wednesday.

  Economy

  May 3, 2023
• First Republic collapse: What does it mean for Canada and the U.S. Fed?

  The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation.

  Economy

  May 1, 2023
• Bitcoin tops US$30K for first time since June. What’s behind the rally?

  Bets for a peak in U.S. rates in coming months spurred leading cryptocurrency bitcoin to top US$30,000 for the first time since June.

  Money

  Apr 11, 2023
• U.S. unemployment rate clings to near-historic low as 236K new jobs added

  The unemployment rate fell to 3.5 per cent, not far above the 53-year low of 3.4 per cent set in January. Last month's job growth was down from February's sizzling gain of 326,000.

  U.S. News

  Apr 7, 2023
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• U.S. inflation eases again. Will 2023 be a ‘year of disinflation’?

  Inflation eased to 6.5 per cent in December compared with 12 months earlier, the government said Thursday, and even declined month-to-month.

  Money

  Jan 12, 2023
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• U.S. Federal Reserve mulls another interest rate hike amid inflation fight

  On Wednesday, Jerome Powell is expected to hammer home the Fed's determination to raise rates until inflation falls, even at the risk of slowing growth too much.

  World

  Jul 26, 2022