Federal Open Market Committee
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.
Top Fed official sees rates rising and staying high
U.S. interest rates are likely to rise further, and will need to remain high to effectively tackle inflation, a top Federal Reserve official said on April 20.
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.
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.
Fed gears up to attack inflation as US recession fears grow
The Federal Reserve this week is set to redouble its assault against record U.S. inflation while facing an array of shocks both internal and external that analysts fear may one day put the world's largest economy into a recession.