US Federal Reserve Hikes Interest Rates for the Third Time This Year
Business

US Federal Reserve Hikes Interest Rates for the Third Time This Year

The US Federal Reserve has once again raised the short-term interest rates in a move confirmed on Wednesday. This is now the 8th time since 2015 that the Fed raises the rates after years of historical lows.
Trump Criticizes Federal Reserve Over Interest Rate Hikes
Politics

Trump Criticizes Federal Reserve Over Interest Rate Hikes

President Trump attacked the Federal Reserve on Thursday saying that he disagreed with a number of policy decisions made by the central bank and its chairman Jerome Powell. Powell was nominated to the position by Trump just a few months ago. The president said that he didn’t “necessarily” agree with the two interest rate hikes so far this year.
Federal Reserve Raises Rates and Issues New Economic Projections
Business

Federal Reserve Raises Rates and Issues New Economic Projections

On Wednesday, the U.S. Federal Reserve raised interest rates, which didn’t come as a surprise to economists.
Consumer Prices Rise, Sparking Fear of Inflation Acceleration
Business

Consumer Prices Rise, Sparking Fear of Inflation Acceleration

The US inflation has accelerated in January as shown by new data. Consumer prices in the country rose higher than expected and the data could pave the way for higher interest rates later this year.
The U.S. Federal Reserve Sees Inflation Rising This Year
Business

The U.S. Federal Reserve Sees Inflation Rising This Year

The Federal Reserve has released its economic forecast for 2018 and while economic growth is expected to rise at a moderate pace, inflation will move up on a 12-month basis but will eventually stabilize.
The Federal Reserve’s Biggest Meeting of the Year
Business

The Federal Reserve’s Biggest Meeting of the Year

The Federal Reserve is having its biggest meeting of the year to discuss and make decisions about its reduction strategy.

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