interest rates

Sep 7, 2022

Fed official: Rates to rise higher, stay elevated longer

The Federal Reserve will need to continue lifting its short-term interest rate to a level that restricts economic growth and keep it there for an extended period, a top Fed official said.

Jul 14, 2022

Fed board member opens door to 1-point hike if demand rises

A member of the Federal Reserve's Board of Governors said he would be open to supporting a huge 1 percentage point increase in the Fed's key short-term interest rate.

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing March 3, 2022 on Capitol Hill in Washington. (Tom Williams, Pool via AP)
Jun 22, 2022

Powell: Fed aiming to avoid recession amid inflation fight

Federal Reserve Chair Jerome Powell said the pace of future rate hikes will depend on whether — and how quickly — inflation starts to decline.

Jun 17, 2022

This is how a higher Fed rate could affect your finances

These are some of the most common questions being asked about the impacts of the Federal Reserve rate hike.

Jun 15, 2022

Fed attacks inflation with its largest rate hike since 1994

The Federal Reserve intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point.

Jun 13, 2022

Following national trends, housing inventory is up in Maryland

Maryland’s real estate market is following nationwide housing trends, with prices continuing to grow even as inventory also increases. 

Sep 22, 2021

Fed foresees potential interest rate hike as soon as next year

The Federal Reserve signaled that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago.

Jul 28, 2021

Fed notes improving economy, easing toward lowering interest rates

The Federal Reserve said the U.S. economy is strengthening and making progress on the Fed's employment and inflation goals, a small step toward dialing back its ultra-low-interest rate policies.

Jun 16, 2021

As inflation rises, Fed sees faster time frame for rate hikes

The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back low-interest rate policies.

Dec 26, 2018

What 2019 may hold for your finances

We asked experts to weigh in on how they anticipate how those big drivers may impact your financial well-being in 2019.

Jul 19, 2018

Powell wants to create some mystery around Fed meetings

Change is in the air at the Federal Reserve.

May 3, 2017

Fed leaves rates unchanged but signals further hikes ahead

WASHINGTON — The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year. The Fed’s pause comes after it modestly raised its benchmark short-term rate in December and March. Most economists expect it to do so again […]

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