The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.
Tag: FOMC
FOMC Raises Federal Funds Rate 75 Basis Points
The Federal Open Market Committee hiked the federal funds rate by 75 basis points on Wednesday, matching its 75 basis point increase in June.
FOMC Raises Federal Funds Rate 75 Basis Points
The Federal Open Market Committee hiked the federal funds rate by 75 basis points on Wednesday, matching its 75 basis point increase in June.
Federal Reserve Raises Interest Rates 50 Basis Points
The Federal Reserve raised its target range for the federal funds rate by 50 basis points–the largest increase since 2000–on Wednesday.
Federal Reserve Raises Interest Rates 50 Basis Points
The Federal Reserve raised its target range for the federal funds rate by 50 basis points–the largest increase since 2000–on Wednesday.