US markets soared higher on Wednesday afternoon following the Federal Reserve’s final policy decision of the year. The Dow rose 1.4%, closing at 37,090.24 and blazing past its previous record ...

After briefly pausing its war on inflation last month, the Federal Reserve is resuming the battle by hiking its benchmark interest rate to the highest level in 22 years. The central bank concluded ...

The Federal Reserve is pausing on raising rates, marking the first break after 15 months of consecutive increases, a change that could offer a hint of relief for consumers who are grappling with ...

The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years. It’s the 11th rate increase since the Fed began its ...

This is the fourth 0.75% rate increase of 2022. The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.75% to slow key areas of the economy and tame inflation ...