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 […]

Watch Fed Powell LIVE on VipLiveAlerts-Pro Today

VIP LIVEALERTS-PRO FOMC Press Conference The Fed hikes interest rates by 0.75 percentage point for second consecutive time to fight inflation. Watch the full FOMC press conference here at VipLiveAlerts-Pro today. Federal Reserve Press Release U.S. stocks closed sharply higher Wednesday, after the Federal Reserve’s latest rate hike with a sharp advance that saw the tech-heavy […]

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.  […]