Today news
About the same in other media
23.02 - 15:39
Fed Slows Its Tightening With Quarter-Point Interest Rate Rise
Reading now: 459
WASHINGTON—The Federal Reserve nudged up short-term interest rates by a quarter-percentage point and signaled it was on track to do so again at its meeting next month while officials consider whether and when to pause increases late this spring.
The decision Wednesday to raise the Fed’s benchmark federal-funds rate followed six larger, consecutive increases to combat inflation, which hit a 40-year high last year. Officials raised rates by a half point in December and by 0.75 point in November.
Read more on wsj.comAbout this in other media
Fed minutes show members resolved to keep fighting inflation cnbc.com /1 year ago
US lawmaker introduces bill aimed at limiting Fed's authority on digital dollar cointelegraph.com /1 year ago
Fed’s Inflation Fight Pushes Up Cost of U.S. Debt wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
