Despite President Trump’s disapproval, the U.S. Federal Reserve raised its benchmark interest rate to a range between 2 and 2.25%. This is also the eighth hike since 2015, meaning… Continue reading »
Tag Archives: federal reserve interest rate
U.S. Federal Reserve Holds Rates Steady; Hints at Increase Soon
The U.S. Federal Reserve announced last Wednesday that it unanimously voted to keep its benchmark federal funds rate in a range from 1.75-2%, despite admitting that… Continue reading »
Finance Experts Weigh in on the Current State of Trade Wars and International Markets
The recent long list of tariffs the Trump administration has implemented on its trading partners is now revealing itself as a policy that will slow down trade across the globe… Continue reading »
U.S. Fed Reserve Hikes Rates As Expected, Amidst Trade Developments
The U.S. Federal Reserve raised its short-term federal fund rate by 25 basis points and expects to increase rates two more times in 2018. Even though trade wars… Continue reading »
U.S. Federal Reserve Leaves Rate Unchanged; Hike May Come Next Month
This week, the U.S. Federal Reserve kept its interest rate at a range between 1.5 to 1.75%. However, we may see an increase as soon as next month due to… Continue reading »
U.S. Fed Hikes Interest Rate By Quarter Point; Two More Hikes Expected in 2018
As expected, the U.S. Federal Reserve raised its benchmark interest rate by 25 basis points this afternoon. This is the sixth time it raised… Continue reading »
U.S. Federal Reserve: Yellen’s Last Interest Rate Announcement
The first female to lead the U.S. Federal Reserve has made her last interest rate announcement. Chairwoman Janet Yellen left rates unchanged. The U.S. benchmark short-term interest rate is holding steady in a range between 1.25 per cent and 1.5 per cent due to… Continue reading »