Inflation is likely to continue to ease and possibly allow the central bank to cut interestrates sooner and faster than expected, Federal Reserve Governor Christopher Waller said Thursday in ...
In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interestrates for the first time since December 2018. The Fed ...
In 2022 and 2023, following a long period of low interest rates, the US Fed fought the post-pandemic inflation shock with one of the most rapid rate-hiking cycles in history.