Federal Reserve leaves rates untouched
The Federal Open Market Committee announced that it would not raise the federal funds rate, leaving the target range at ...
Tag: Interest rates
Rising rates lead banks to rethink credit and liquidity
Banks are taking steps to reexamine their relationships with depositors, borrowers
Fed’s Bowman: Further rate hikes likely
Additional increases in the federal funds rate will likely be needed to lower inflation to the Federal Reserve’s 2% goal, ...
FOMC pauses rate hike campaign to assess economic effects, minutes show
Against a backdrop of tightening credit conditions and higher interest rates expected to continue weighing on the economy, Federal Open ...
WalletHub survey: Most Americans unprepared for recession
More than half of Americans (56%) say they are not financially prepared for a recession, while 40% remained concerned about ...
Fed’s Jefferson: Inflation remains too high
While inflation has come down substantially since last summer, it is still too high, and by some measures progress has ...
FOMC minutes: Banking sector woes further cloud economic outlook
The economic fallout from last month’s bank closures failures led some Federal Open Market Committee members to support a lower ...
ABA report: Consumers managing credit well despite continued headwinds
Consumers continued to manage their credit well despite economic headwinds in the third quarter of 2022, according to the latest ...
Powell expects Fed to pick up pace of rate hikes
Recent economic data suggests the Federal Reserve will need to continue to raise interest rates this year to slow inflation ...
Gruenberg: Rising interest rates could cut into bank profitability
The current interest rate environment has had “dramatic effects” on the profitability and risk profiles for banks’ funding and investment ...
