Federal Reserve raises key rate to highest level in 22 years | AP …
Jul 27, 2023 · Wednesday’s move raised the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level since 2001. Coming on top of its previous hikes, the Fed’s latest action could lead to further increases in the costs of mortgages, auto loans, credit cards and …
Federal Reserve raises US interest rates to highest level in 22 years
Jul 26, 2023 · The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday to the highest level in 22 years as it left the door open to further increases this year.
The Fed hikes interest rates by a quarter point and hints at ... - CNN
Jul 26, 2023 · The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
Fed raises interest rates to highest in 22 years - BBC
Jul 26, 2023 · The US central bank has raised interest rates to the highest level in 22 years as it fights to stabilise prices in the world's largest economy. The decision lifted the Federal Reserve's ...
Federal Reserve raises interest rates to highest point in more …
Jul 26, 2023 · The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S....
Federal Reserve Meeting Fed Raises Rates Again
Jul 26, 2023 · Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
Federal Reserve raises interest rates to 16-year high as fight to …
May 3, 2023 · The Federal Reserve announced Wednesday it was raising its key federal funds rate to more than 5% — a 16-year high — as it continues its firefight against persistent inflation.
Federal Reserve raises interest rates to highest since 2001
Jul 26, 2023 · The Federal Reserve raised the target range for its benchmark interest rate by 0.25% on Wednesday and left the door open for more rate hikes this year. Wednesday's rate increase brings the Fed's...
The Fed raises interest rates again despite the stress hitting the ...
Mar 22, 2023 · The Federal Reserve raised its benchmark interest rate by a quarter percentage-point in an effort to curb high inflation. Some had called for the Fed to wait after two recent bank failures.
The Federal Reserve raises interest rates again after taking a …
Jul 26, 2023 · The Federal Reserve announced on Wednesday it would raise interest rates a quarter percentage point (or 25 basis points), to a 22-year high. It marks a return to the long, steady climb...