The Federal Reserve continued its efforts to curb rising inflation on Wednesday, announcing that it will raise the target range for the federal funds rate to between 3% and 3.25%, marking yet another 0.75% increase following similar actions in June and July. read more
SEP 22, 2022 - 7:38 am
The Federal Open Market Committee raised the target range for the federal funds rate from 1.25% to 1.5%. read more
DEC 14, 2017 - 7:16 am
The Federal Reserve raised the federal funds rate to a target range of 1% to 1.25%, marking the second increase in the rate in the last three months. read more
JUN 15, 2017 - 6:23 am