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US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in...
The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday to the highest level in 22 years as it left the door open to further increases this year.
The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the...
Federal Reserve officials raised interest rates to their highest level in 22 years, continuing their 16-month campaign to wrestle inflation lower by cooling the American economy.
After a promising few months of cooling inflation, new data shows that inflation has once again ticked up. In October, U.S. inflation rose by 2.6% on an annual basis, a slight increase from the 2. ...
The Federal Reserve raised interest rates Wednesday for the first time since 2018, kick-starting its efforts to tackle the country's highest inflation in four decades.
The decision lifted the Federal Reserve's influential benchmark rate to a range of 5.25% to 5.5%. It marked the eleventh increase since early 2022, when the Fed started raising borrowing costs...
The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high. The increase may be its last for now, as policymakers...
The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
Federal Reserve officials raised interest rates by three-quarters of a percentage point on Wednesday, but what they said about the future was even more significant — and could herald a painful...