And on Wednesday, the Fed wielded it for the first time this year, raising rates by a quarter percentage point in a bid to slow down accelerating inflation. But what does it mean when the Fed raises — ...

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The Federal Reserve’s unanimous decision to raise interest rates for the first time since 2023 signals that fighting inflation remains its primary concern, putting Chairman Kevin Warsh at odds with ...

AN UNFORTUNATE CLUB of countries is gaining new members. China, the world’s second-biggest economic power, and Russia, the most belligerent one, have joined. So have Germany, a far richer big economy, ...

Our live coverage of the Federal Reserve’s latest decision on interest rates has ended. More analysis can be found here. President Donald Trump, in his first comments since the Federal Reserve raised ...

The Federal Reserve raised its benchmark interest rates for the first time since 2023 on Wednesday in a move aimed at slowing inflation that picked up again last month. The Fed’s hike of 0.25% brings ...

The Federal Reserve voted to raise interest rates by 25 basis points on Wednesday to a range of 3.75%-4% amid persistently high inflation. The decision was unanimous. The median Fed official expects ...

The Federal Reserve’s move to raise short-term rates by a quarter percentage point Wednesday is poised to ripple through the banking system and debt markets. Credit card debt, home loans and savings ...

As expected, the Federal Reserve raised the federal funds rate at its Sept. 16 meeting, moving the benchmark 25 basis points to a range of 3.75% to 4.00%. It's the first hike since July 2023, when the ...

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The Federal Reserve raised interest rates for the first time since 2023, putting its new leader, Kevin Warsh, at odds with President Trump. “The plain fact is that inflation is too high,” Mr. Warsh ...

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