federal reserve

The Federal reserve raised its interest rates to the highest level in more than 20 years.

The Federal Reserve extended its year-long fight against high inflation by raising its key interest rate by a quarter-point. NBC 6’s Yaima Crespo has more on what this means for you

The Federal Reserve raised its benchmark interest rate to the highest level in 15 years, indicating the fight against inflation is not over yet.

The Federal Reserve on Wednesday hiked its key interest rate by another 0.75%, a move expected to drive up rates for credit cards, home equity lines of credit, and other variable-rate loans.

Here’s how your mortgage, credit card, car loan, student debt and savings could be affected by the latest major Fed rate hike.

The Fed is expected to raise interest rates by three-quarters of a point Wednesday and then signal it will reduce the size of rate hikes starting in December.

Federal Reserve raises its key rate by a substantial three-quarters of a point for 3rd straight time to fight inflation. NBC 6 Responds’ Alina Machado reports.

In their updated economic forecasts, the Fed’s policymakers project that economic growth will remain weak for the next few years, with rising unemployment.

The number of open jobs in the United States rose in July after three months of declines, a sign that employers are still urgently seeking workers despite slowing economic growth and high inflation. The increase will be a disappointment for Federal Reserve officials, who are seeking to cool hiring by raising short-term interest rates to try to slow borrowing and...

Fed Chairman Jerome Powell warned that he expects the central bank to continue raising rates in a way that will cause “some pain” to the economy.

NBC 6’s Alina Machado takes a look at the recent interest rate increase by the federal reserve

The Federal Reserve announced Wednesday that they have raised the benchmark interest rate by 0.75% to curb high inflation.

The Fed’s move will raise its key rate, which affects many consumer and business loans, to a range of 2.25% to 2.5%, its highest level since 2018.

Fed Governor Christopher Waller said he’s willing to consider what would be the most aggressive rate hike in decades at the central bank’s July meeting.

NBC 6’s Alina Machado reports on the biggest interest rate hike in 28 years by the Federal Reserve as a way to tackle inflation

“We’ve seen financial conditions tighten,” Federal Reserve Chair Jerome Powell said Wednesday. “The next meeting could very well be about decision between 50 and 75 [basis points].”

The Fed raised its benchmark interest rate by half a percentage point, its most aggressive move in more than two decades. Here’s why and how that may impact your wallet

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 point.