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  2. Federal Reserve raises interest rates to highest since 2001 - AOL

    www.aol.com/finance/fed-set-resume-rate-hikes...

    The Federal Reserve raised the target range for its benchmark interest rate by 0.25% on Wednesday and left the door open for more rate hikes this year.. Wednesday's rate increase brings the Fed's ...

  3. What Is the Current Prime Rate and How Does It Affect You? - AOL

    www.aol.com/current-prime-rate-does-affect...

    The current prime rate is 7.75%, up from 7.50% in December. It went into effect Feb. 2, 2023. This is the eighth time that the Federal Reserve has increased the prime rate since it began its most ...

  4. Federal Reserve raises interest rates another 0.25% to ... - AOL

    www.aol.com/finance/federal-expected-raise...

    The Federal Reserve raised short-term interest rates Wednesday by a quarter percentage point, bringing its benchmark rate to a new range of 4.50% and 4.75%, the highest level since October 2007.

  5. Why does the Fed raise interest rates? And how do those ... - AOL

    www.aol.com/news/why-does-fed-raise-interest...

    The Federal Reserve's seen raising interest rates by 0.75 percentage point this week to try to stem inflation. ... The Fed is expected to announce a 0.75% increase in its fed funds rate on ...

  6. What Is the Federal Funds Rate? See the Current Rate, How It ...

    www.aol.com/federal-interest-rates-ve-changed...

    The COVID-19 pandemic was the most recent. ... increasing or decreasing Federal Reserve interest rates to control how ... contributed to the Fed’s hesitance to increase rates in 2016. ...

  7. Fed cuts key interest rate but signals elevated inflation is ...

    www.aol.com/fed-expected-cut-rates-again...

    The move, the Fed's third rate cut of the year, reduces the central bank’s target rate to between 4.25% and 4.5%. In its statement announcing the cut, the Fed now projects just two interest rate ...

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