Federal Reserve Press Release

VIP LIVEALERTS-PRO Federal Reserve Press Release Recent indicators of spending and production have softened. Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures. Russia‚Äôs war against Ukraine […]

The Federal Reserve on Wednesday raised interest rates by 0.75%

The Federal Reserve Raises Rates 0.75%

VIP LIVEALERTS-PRO The Federal Reserve The Federal Reserve on Wednesday raised interest rates by 0.75%, the largest move it has made since 1994.  The central bank messaged that further interest rate hikes will come this year, as the Fed leans on higher borrowing costs to dampen demand and work to slow faster than expected inflation.  […]