U.S. stock futures moved higher ahead of the open on Monday, while bank stocks also rose after North Carolina-based First Citizens (FCNCA) bank agreed to buy most of Silicon Valley…
Tag: Reserve
Federal Reserve expected to hike rates again. What that means for you
Rate hikes, one year later For its part, the Fed has already hiked its benchmark fund rate eight times over the last year to its current level of between 4.5%…
What a Federal Reserve quarter-point interest rate hike means for you
The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued effort to tame persistent inflation. At its latest meeting, the…
Federal Reserve likely to hike interest rates again. How to prepare
The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting. This time, Fed officials likely will approve a 0.25 percentage point increase…
How the Federal Reserve affected 2022’s stock market
The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market. This stature was bolstered by the central bank’s adoption of two…
How Federal Reserve interest rate hikes impact your borrowing costs
From credit cards to mortgages, it’s suddenly a lot more expensive to borrow money. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to…
What another major rate hike by the Federal Reserve means to you
What the federal funds rate means to you The federal funds rate, which is set by the U.S. central bank, is the interest rate at which banks borrow and lend…
Here are 5 ways the next Federal Reserve rate hike could impact you
This week, the Federal Reserve will likely raise rates by another three-quarters of a percentage point for the third consecutive time in an effort to cool down the high cost…
How the Federal Reserve fights inflation through interest rate hikes
Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A…
Money moves to make before the Federal Reserve hikes rates
Chairman of the Federal Reserve Jerome Powell (left) meets with President Joe Biden in the Oval Office on May 31, 2022. Saul Loeb | AFP | Getty Images The Federal…