When the Federal Reserve ultimately raises interest rates, banks will get more out of it than savers will.
Similar Stories to Rate Increases Help Banks First on Bing News
WSJ.com: Markets, Wall Street Journal: Markets: Market News
Wed, 09/16/2015 - 4:55pm
BING NEWS:
- US inflation ticked up last month as some price pressures remain persistent
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated
12/11/2024 - 9:40 am | View Link - November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
12/11/2024 - 6:05 am | View Link - More
- Fed unleashes another big rate hike in bid to curb inflation
WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation.
12/8/2024 - 11:29 pm | View Link - Federal Reserve raises interest rates to highest point in more than 20 ...
The Federal Reserve announced Wednesday it had raised its key interest rate by 0.25% to as much as 5.5%, the highest level in 22 years, as it continues to fight persistent inflation in the U.S...
12/8/2024 - 10:08 am | View Link - A timeline of the Fed's '22–'23 rate hikes & what caused them
In July 2023, the Fed made its final 0.25% increase, bringing rates to 5.25–5.50%. The Fed funds rate has not been cut since then. What are Fed rate hikes? How does the Fed decide when and how...
12/8/2024 - 5:07 am | View Link - Federal Reserve raises US interest rates to highest level in 22 years
The 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.
12/8/2024 - 12:35 am | View Link - Federal Funds Rate History 1990 to 2024
Here’s how that works: The Fed raises interest rates when the economy starts overheating—too much inflation—and cuts rates when the economy looks weak—high unemployment.
12/8/2024 - 12:06 am | View Link - More
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