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Federal Reserve rate decision

Federal Reserve Raises Interest Rates for First Time Since 2023, Citing Elevated Inflation

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Federal Reserve Raises Interest Rates for First Time Since 2023, Citing Elevated Inflation

Federal Reserve Raises Interest Rates for First Time Since 2023, Citing Elevated Inflation The Federal Reserve reversed course on interest rates Wednesday, raising its benchmark federal funds rate for the first time in more than three years as policymakers moved to address inflation that’s proven stickier than expected, driven in part by rising oil prices. … Read more

Stock Market Today: S&P 500, Nasdaq Futures Extend Losses After August PPI Inflation Report

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Stock Market Today: S&P 500, Nasdaq Futures Extend Losses After August PPI Inflation Report

Stock Market Today: S&P 500, Nasdaq Futures Extend Losses After August PPI Inflation Report Stock futures slipped a little further Thursday morning after the government’s latest reading on wholesale prices came in hotter than expected on an annual basis, giving Wall Street one more reason to stay cautious in a week that already had plenty … Read more