Here’s everything the Fed is expected to announce, including the biggest rate hike in 28 years
The Federal Reserve on Wednesday is expected to do something it hasn't done in 28 years — increase interest rates by three-quarters of a percentage...
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on May 4.
The Federal Reserve just hiked interest rates by 0.75 percentage point. How raising rates may help slow inflation
Consumers may not be looking forward to higher interest rates while they're paying more for necessities. Here's how raising rates helps inflation.
Here’s what the Federal Reserve’s 0.75 percentage point rate hike — the highest in 28 years — means for you
The Fed announced its highest rate hike in 28 years to fight inflation. Here's how that impacts your credit card, mortgage, car loan, student debt...
Homebuilder sentiment drops to lowest level in two years as housing demand slows
Builder sentiment is getting hit by higher interest rates, which are causing a slowdown in housing demand.
Powell says the Fed could hike rates by 0.75 percentage point again in July
Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar magnitude at the next policy meeting in July.
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Open Market Committee released its decision on interest rates Wednesday, with markets expecting a three-quarter point hike.
Travelers are upset about rising costs, but most aren’t canceling their plans just yet
The outlook for summer travel remains strong, say industry insiders, with many travelers saying they're concerned but undeterred about their upcoming plans.
‘Nobody’s immune to inflation’: These are the most expensive cities for the world’s wealthy
A new report shows even the uber wealthy aren't immune to inflationary pressures on their most prized luxury goods.