Tag: Federal Reserve
Fed raises interest rates one more time, indicates hikes could be...
The Federal Reserve has hiked interest rates once again, this time by 0.25%, but appears poised to discontinue the dis-inflationary tactic.
After the last increase...
Federal Reserve slightly raises interest rates, but warns of further increases
The Federal Reserve has again raised interest rates, but this time only by a quarter of a percent to a target range of 4.5%...
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to...
Why the Fed raised interest rates again, and why it matters...
The Federal Reserve has now raised interest rates to their highest since 2008, solidifying the concerns of many industry insiders that the auto-market will...
Fed raises interest rates by another 0.75 points to curb US...
In a highly anticipated move, the Federal Reserve raised benchmark interest rates by another three-quarters of a percentage point on Wednesday and indicated that...
The Fed will likely get more aggressive in tackling inflation this...
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another...
Fed officials likely to hike interest rates another 0.75 percentage point
On August 26, in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made a public pledge to reduce inflation, even at the expense of the...
Fed Official Neel Kashkari says inflation is more cause for concern...
According to data released last Thursday by the Bureau of Economic Analysis, the country’s gross domestic product declined for the second consecutive quarter, which is...
Fed raises interest rates 0.75 points for the second time as...
In an effort to curb rising prices, the Federal Reserve hiked interest rates by another 0.75% Wednesday afternoon, the same amount as its last move in...
Consumer spending increases, inflation eases slightly in May
According to a Commerce Department gauge used by the Federal Reserve, the rate of inflation during May was consistent and while it did rise,...
