Federal Open Market Committee
US Fed holds interest rates, now sees just one cut this year
The U.S. Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
US Fed likely to keep rates steady as hopes of early cuts fade
The U.S. Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday, with a summer start to cuts looking less likely owing to stubborn inflation.
US Fed officials urge patience on interest rate cuts
Two US Federal Reserve officials indicated Wednesday that the nation's central bank is on track to tackle inflation, but that it is still too soon to begin lowering interest rates.
More hikes 'likely' needed to lower inflation: Fed official
A US central bank official has said that more interest rate hikes "will likely be needed" to bring inflation down further, shortly after policymakers lifted rates to the highest level since 2001.
US Fed lifts rates to highest since 2001 and hints at more to come
The U.S. Federal Reserve raised its benchmark lending rate on July 26 to the highest level since 2001 to tackle above-target inflation, and signaled it could hike again later this year amid improving economic prospects.
Divided Fed expected to rally around US interest rate pause
The U.S. Federal Reserve is widely expected to pause its campaign of interest rate increases on June 14 to give policymakers more time to assess the economic impact of existing hikes and recent banking stresses.
SVB collapse a headache for US Fed before rate decision
The dramatic implosion of Silicon Valley Bank (SVB) last week could bring the Federal Reserve's current cycle of interest rate hikes to an end far sooner than many analysts expected.
Fed set for further steep rate hike as recession fears loom
The U.S. Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week as it battles surging costs, with its aggressive stance fueling expectations of a recession.
American households have been squeezed by soaring consumer prices, propelling economic issues to the top spot among voter concerns in upcoming midterm elections.
The United States announced the Largest Increase in Interest Rates since 1994
The US Federal Reserve has announced the most aggressive rate hike in nearly 30 years and has announced readiness for a new increase next month as a major step in the fight against rising inflation.
US Fed makes biggest rate increase since 2000 to fight inflation
The Federal Reserve on May 4 announced its biggest rate hike since 2000, with a half percentage point increase as it works to crush soaring US inflation.