WASHINGTON, D.C. (CNN) – The S&P 500 index entered bull market territory last week which means it hit a 20% rally from the low it fell to in October. This may be an especially sunny month for Wall Street and ...
In this Financial Quick Hits with Kevin McDermott, we talk about the Federal Reserve. Kevin outlines what it is and why it exists. He also delves into what keeps the FED busy. Watch to learn more! Financial Quick Hits is ...
WASHINGTON, D.C. (NBC) – The Federal Reserve is considering another interest rate hike Wednesday to keep driving down inflation. The consequential decision comes amid turmoil in the banking industry that analysts say is partially driven by those hikes. Also, new ...
WASHINGTON, D.C. – The Federal Reserve raised interest rates Wednesday with a half-point hike. But, the goal of such increases is to lower inflation, and Tuesday’s inflation report shows signs of relief. Tuesday’s Consumer Price Index report shows November’s inflation ...
WASHINGTON, D.C. – The Federal Reserve raised interest rates again on Wednesday by another 0.75%. This is the fourth straight rate hike of that amount. The decision comes as inflation levels continue to plague the U.S. economy, pushing the cost ...
WASHINGTON, D.C. (CNN) – The Federal Reserve raised interest rates three quarters of a percent Wednesday. It’s a move many analysts started to expect Friday, when an inflation report showed price hikes have been more severe than originally thought. Before ...
WASHINGTON, D.C. (NBC) – The Federal Reserve is likely to indicate Wednesday that interest rates will rise. A two-day meeting of the central bank wraps up later Wednesdsay and CNBC is reporting that the Fed will likely issue a new ...
Washington, D.C. – The Federal Reserve has hiked the nation’s interest rate by a quarter of a percentage point on Wednesday. The 0.25 percent raise is the third time the Fed has implemented a rate increase since the latest financial ...
(NBC News) — The Fed just agreed to raise key interest rates by 0.25 percent. So what does that mean for the average American? We take the example of one suburban mom and demonstrate how the rate increase — just ...
(NBC News) — Federal Reserve officials, amid signs that the economy soon could shed its long period of stagnation, approved the first interest rate hike in just about a year Wednesday and indicated a modestly more aggressive path ahead. The ...