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3232Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025
https://www.digit.info/federal-reserve-hikes-rate-by-25bps-to-keep-inflation-at-bay-aims-for-2-inflation-rate-by-2025/
Wed, 22 Mar 2023 19:05:17 +0000https://www.digit.info/2023/03/22/federal-reserve-hikes-rate-by-25bps-to-keep-inflation-at-bay-aims-for-2-inflation-rate-by-2025/Read more]]>Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run.
Fed Raises Rate Despite Calamity in the U.S. Banking Sector
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]]>Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
https://www.digit.info/federal-reserve-raises-benchmark-interest-rate-by-0-25-disinflationary-process-early-says-powell/
Wed, 01 Feb 2023 23:19:57 +0000https://www.digit.info/2023/02/01/federal-reserve-raises-benchmark-interest-rate-by-0-25-disinflationary-process-early-says-powell/Read more]]>The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines […]