Fed Raises Benchmark Rate from 2.25% to 2.5%
Fed chair Jerome Powell calls the move "appropriate for what is a very healthy economy," but financial markets don't seem to share his confidence.
Fed Hikes Rates for Third Time This Year
“My colleagues and I are doing all we can to keep the economy strong, healthy, and moving forward,” Fed Chairman Jerome Powell told reporters.
Fed Rate Hike Could Be First of Four in 2018
The latest 0.25% increase indicates the Fed's confidence that the GOP tax cuts and government spending will boost the economy and inflation.
This Year’s Interest Rate Hikes Won’t Stifle M&A
A number of other coinciding economic factors likely ensure that 2017 will be another strong year for dealmaking.
Yellen Dampens Expectations for April Rate Hike
With readings on the U.S. economy "mixed" since the start of the year, the Federal Reserve will continue to "proceed cautiously."
Strong U.S. Job Gains Boost Case for Rate Hike
Economists and investors see the October jobs report as a green light for the Federal Reserve to raise interest rates next month.
Consumer Spending up Only 1% in September
With income, consumption, and inflation trending lower, the prospects for an interest-rate hike next month may be dimming.
Fed Points Toward Rate Hike in December
After its latest policy meeting, the central bank downplays recent financial market turmoil and drops warnings of global economic fragility.
Accounting and Finance Roundup for Executives
Whether you're new to finance or a seasoned veteran, the CFO roundup keeps you informed and involved with day-to-day updates on the latest news in finance.
U.S. Adds Only 142,000 Jobs in September
The disappointing jobs report casts doubt on whether the Federal Reserve will proceed with an interest-rate hike this year.