Tag: Interest Rates

Fed raises rates for first time in 3 years

The Federal Open Market Committee (FOMC) approved the decision by a 12 – 0 vote. Inflation remains elevated. Today's policy action will support a timelier...

Fed decision: More questions than answers

However, the Fed’s commentary did not render any future direction on interest rates, leaving more to ponder. Beyond the headlines, what is notable is that...

Federal Reserve holds rates steady

As was anticipated, it kept the rates steady at a range of 3.5 per cent to 3.75 per cent. The decision, however, was not...

Central bankers back Fed Chair Powell

"That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings," Powell said in a statement. The subpoenas were served on...

Fighting Slowdown

The narrative is changing. There are no signs of desperation, but preventive measures are being taken. The dose this time around is aggressive. The...

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