Federal Reserve News

In their latest meeting, the US Federal Reserve policymakers have unanimously embraced a cautious strategy for future interest-rate moves, emphasizing a careful approach contingent on progress towards their inflation goal. Despite robust economic indicators, the Fed remains vigilant, underscoring the importance ...

US Federal Reserve decided to keep rates at 22-year for the second consecutive monetary policy. FOMC said the committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 per cent. Through its rates decision, the ...

The US Federal Reserve in its September meeting agreed to remain restrictive for some time. On a differed note the officials also saw one more rate hike as appropriate going ahead to meet their target of 2% inflation. The recent FOMC ...

The US Federal Reserve Open Market Committee raised its funds rate by a quarter percentage point to a target range of 5.25%-5.5%. When the US Federal Reserve raises interest also called the federal funds rate, it acts as a reference for ...

The Federal Reserve decided to raise the interest rate by a "quarter of a percentage point" (25 basis points) to the 5.00%-5.25% range as per market expectations. The central bank announced a rate hike in a statement released on Wednesday, to ...

Silicon Valley Bank and Signature Bank failed with enormous speed - so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from a bank at the same time, according to a ...

The Federal Reserve may have to raise its benchmark interest rate much higher than it has previously projected to get inflation under control, James Bullard, who leads the Federal Reserve Bank of St. Louis, said Thursday. Bullard's comments raised the prospect ...