U.S. household debt increased by 2.4 percent to record $16.90 trillion from October through December last year, …
Federal Reserve
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FeatureInternational NewsNewsTech/AI
Fed officials expects higher rates ahead
by Nada Aliby Nada AliFederal Reserve (Fed) officials are committed to fighting inflation and expect higher interest rates to remain in …
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BanksInternational NewsMoneyNews
Fed’s preferred inflation measure rose 0.3% in September – data
by Nada Aliby Nada AliThe Federal Reserve’s preferred inflation measure rose 0.3 percent in September, as the cost of gasoline eased, …
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International NewsNewsStocksUSA
U.S. markets finish chaotic week in red note
by Nada Aliby Nada AliU.S. stocks fell sharply on Friday and investors continued to worry about raising the interest rate more …
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The U.S. Federal Reserve (Fed) expected to raise interest rates to 4.6 percent in 2023 before it halts …
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FeatureFinancial Institutionsforex newsIndustry & TradeInternational NewsMoneyNewsTech/AIThe Watch
Dollar firm as markets get ready for another big Fed rate hike
The dollar firm kept below a two-decade high versus major peers on Tuesday.
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BanksFeatureInternational NewsMoneyNews
U.S. Fed hikes key interest rates by 0.75 percentage point, biggest since 1994
by Yomna Yasserby Yomna YasserThe U.S. Federal Reserve has announced on Wednesday its biggest hike in interest rates since 1994, a …
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Interest rates are likely to stay low for years as the economy fights its way back from …
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US Federal Open Market Committeeon warned the economic downturn induced by the Covid-19 pandemic faces a highly …
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The US Federal Reserve it is extending its menu of lending programs to businesses, governments and individuals …