Yesterday the Fed raised this rate by one-quarter of a percentage point. Central bank is widely expected to lift the federal funds rate by 50 basis. Asian Stocks Sink Yields Rise As Markets Brace For Fed Rate Hike Deccan Herald The Federal Reserve implemented another super-charged interest rate hike. . Fed announces another interest rate hike of 05. The Fed does expect the unemployment rate to rise somewhat inching up to. Savings account yields could increase as well. Ad Our free news aggregator lets you see different narratives and make up your own mind. The Fed targets its fund rate in quarter-point ranges. The Federal Reserve will raise interest rates just one more time in November. Why does the Federal Reserve keep raising rates. The Fed hiked interest rates by a quarter point in March 2022 for the first time. Read The 1 Source For Breaking News Since 1892 Get Exclusive Dallas News Now. ...
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