US Fed expected to slow pace of rate hikes as inflation eases

US Fed expected to slow pace of rate hikes as inflation eases

US central bankers open the second day of a key policy meeting Wednesday, with mounting anticipation of a smaller hike to its benchmark lending rate as inflation showed signs of easing.
US Fed starts policy meeting with further rate hike expected

US Fed starts policy meeting with further rate hike expected

US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike -- a fourth straight steep increase as price pressures fail to ease quickly enough.
US Fed announces biggest interest rate hike since 1994

US Fed announces biggest interest rate hike since 1994

The US Federal Reserve announced the most aggressive interest rate increase in nearly 30 years on Wednesday, and said it is prepared to do so again next month in an all-out battle to drive down surging inflation.
US Fed holds first policy meeting of Biden administration

US Fed holds first policy meeting of Biden administration

With a new year and a new administration in the White House, the US central bank nonetheless faces an unprecedented challenge in guiding the post-pandemic economic recovery.