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Bookmark or Share- Federal Funds Rate History 1990 to 2024 - ForbesThe Fed tried to cool off the economy and the growing real estate bubble by hiking interest rates 17 times in two years, raising the fed fund target rate by 4 percentage points over the period.
- Federal Reserve News What Happened Today at the Fed MeetingThe Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high. The increase may be its last for now, as policymakers...
- Federal Reserve raises US interest rates to highest level in 22 yearsThe Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday to the highest level in 22 years as it left the door open to further increases this year.
- Federal Reserve raises interest rates to 16-year high as fight to tame ...The Federal Reserve announced Wednesday it was raising its key federal funds rate to more than 5% — a 16-year high — as it continues its firefight against persistent inflation.
- Federal Reserve raises key rate to highest level in 22 years | AP NewsWednesday’s move raised the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level since 2001. Coming on top of its previous hikes, the Fed’s latest action could lead to further increases in the costs of mortgages, auto loans, credit cards and business borrowing.
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