Tag: fomc_statement
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Federal Reserve Raises Interest Rates to 3.75-4 Percent
The Federal Open Market Committee voted 12-0 to raise the federal funds rate by a quarter point to 3-3/4 to 4 percent, citing elevated inflation and solid economic growth.
BusinessPolitics and GovernmentUSAEconomyBankingFederal GovernmentFinancial MarketsEmployment and Labor Federal ReserveFederal Open Market Committeefederal funds rateinterest ratesinflationmonetary policyFOMC statement
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Federal Reserve Issues FOMC Statement
The Federal Reserve's Board of Governors announced it has issued an FOMC statement. The press release did not provide further details on the statement's content or implications.
BusinessPolitics and GovernmentEconomyBankingFederal Government Federal ReserveFOMC statementBoard of GovernorsMonetary policyU.S. Federal Reserve