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Fed poised to approve quarter-point rate hike this week, despite market turmoil

Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate…

Fed poised to approve quarter-point rate hike next week, despite market turmoil

U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of…

One year after the first rate hike, the Fed stands at policy crossroads

U.S. Federal Reserve Chair Jerome Powell responds to a question from David Rubenstein (not pictured) during an on-stage discussion at…

European Central Bank hikes rates despite market mayhem, pledges support if needed

Christine Lagarde, president of the European Central Bank (ECB), pauses during a rates decision news conference in Frankfurt, Germany, on…

Long-awaited Fed digital payment system to launch in July

The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters The Federal Reserve’s digital payments…

One of the best ways to figure out what the Fed will do next is to look at regional bank stocks

Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market…

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

A customer looks over merchandise at a store on March 14, 2023 in Miami, Florida. Joe Raedle | Getty Images…

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest…

Just like that: Market pricing swings back to quarter-point Fed rate hike

A trader works on the floor during morning trading at the New York Stock Exchange (NYSE) on March 10, 2023…

Unemployment for Black and Hispanic women rose in February, but more workers join the labor force

Women walk past by a “Now Hiring” sign outside a store on August 16, 2021 in Arlington, Virginia. Olivier Douliery…