Federal Reserve

Credit card rates at record high

The Federal Reserve’s war on inflation has driven up credit card rates to the highest level on record.

The Federal Reserve’s war on inflation has driven up credit card rates to the highest level on record.

U.S. could lose 175,000 jobs a month

The United States could be on the verge of losing tens of thousands of jobs. Bank of America warns the Federal Reserve's aggressive inflation-reducing policies could also slow the job market.

The United States could be on the verge of losing tens of thousands of jobs. Bank of America warns the Federal Reserve’s aggressive inflation-reducing policies could also slow the job market.

The Federal Reserve expected to make history with another interest rate hike today

The Federal Reserve is expected to either raise its key short-term rate by three-quarters of a point for the third time in a row, to 3% or hike it by one full percentage point to three-and-a-quarter percent

The Federal Reserve is expected to either raise its key short-term rate by three-quarters of a point for the third time in a row, to 3% or hike it by one full percentage point to three-and-a-quarter percent