WASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its holdings of bonds and other securities this year.

Topics:  washington reuters     the federal reserve   u.s    rates   bond   holdings   
BING NEWS:
  • Bank of England cuts rates from 16-year high, 'careful' on future moves
    The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently.
    07/31/2024 - 11:26 pm | View Link
  • BOJ raises interest rates, outlines bond taper plan
    The Bank of Japan raised interest rates in a mostly unexpected move on Wednesday and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge ...
    07/30/2024 - 7:57 pm | View Link
  • Smart moves to make when the Fed starts cutting rates
    But, realistically, how much you’ll save when the Fed lowers rates will depend on how quickly it cuts and by how much ... If you qualify, sign up for a zero-rate balance transfer card that ...
    07/27/2024 - 4:59 am | View Link
  • Interest Rate Cuts Are Coming, but Not at the Next Fed Meeting. Here’s What That Means
    Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is ...
    07/25/2024 - 1:00 pm | View Link
  • Top Fed officials say they are 'closer' to cutting interest rates
    Waller, who in May had said he would need several more months of improved inflation data to convince him that rate cuts ... Simao Rates & Bondscategory Soft July US payrolls number raises bets ...
    07/17/2024 - 6:52 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News