Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
Category: Interest Rates
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La Fed aumentó su tasa de interés. Esto significa para tu dinero
Los ahorradores se benefician y los deudores pueden esperar que sus deudas en tarjetas de crédito, préstamos estudiantiles y otros créditos aumenten.
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Bank of England Is Expected to Raise Rates Again
A half-point rate increase, to 4 percent, the highest since 2008, is widely expected as the central bank continues its campaign to control inflation.
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What Fed Rate Increases Mean for Mortgages, Credit Cards and More
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
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Stock Market’s Newfound Optimism Faces Test as Fed Meets
Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.
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Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
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A Closely Watched Measure of Inflation Slowed in December
The Personal Consumption Expenditures price index climbed 5 percent from a year earlier, slower than the reading last month.
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Consumer Spending Slid Again in December
Fresh data offered more detail on how shoppers retrenched at the end of 2022.
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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
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Inflation Is Cooling, Leaving America Asking: What Comes Next?
After six months of declines, inflation seems to be turning a corner. But the road back to normal is an uncertain one.