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Politics

Fed hikes key interest rate for seventh time this year

The Federal Reserve has raised interest rates for the seventh time this year, while signaling that it is moving more cautiously as the U.S. economy...

Deca Press
December 14, 2022
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Stocks seesaw as Wall Street mulls Powell’s comments signaling future rate hikes

Stocks whiplashed Thursday, moving between gains and losses as Wall Street weighed Federal Reserve Chair Jerome Powell's comments on the central bank continuing to fight...

Deca Press
September 8, 2022
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Stock market drops after Fed Chair Powell’s Jackson Hole speech

Stock market drops after Fed Chair Powell's Jackson Hole speech - CBS News Watch CBS News The Dow Jones Industrial Average fell more than 1,000...

Deca Press
August 27, 2022
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Fed says sharply higher rates may be needed to quell inflation

Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher inflation, and signaled that much higher interest rates could...

Deca Press
July 6, 2022
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