US Federal Reserve raises interest rates by 50 basis points

Dec 15, 2022

The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The central bank's policy rate is now...

US Federal Reserve finally pauses interest rate

Jun 15, 2023

Barring the latest pause, the US central bank has hiked the interest rate for the tenth consecutive time which was necessitated in the fight...

US Federal Reserve hikes interest rates by 75 basis points

Jun 16, 2022

Washington [US], June 16 : The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of...

US Federal Reserve hikes interest rates by 25 basis points

May 04, 2023

The US Federal Reserve, in its meeting held today, raised interest rates by 25 basis points.

US: Federal reserve hikes interest rate by 0.75pc to tackle inflation

Sep 22, 2022

Washington [US], September 22 : The US Federal Reserve for the third time approved an interest rate hike by 0.75 per cent in an...

US: Fed approves quarter-point hike, indicating improved inflation outlook

Feb 02, 2023

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point.