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What the strong jobs report means for the Fed’s plan to lower interest rates
WASHINGTON, D.C. (NewsHour) — The labor market was running hot again last month as U.S. employers added 353,000 jobs, double what many expected. It’s been resilient for months despite predictions… Read More
The Federal Reserve holds interest rates steady but hints at more action this year
By: Scott Horsley | NPR
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WASHINGTON (NPR) — The Federal Reserve left interest rates unchanged Wednesday, but signaled that it’s open to additional rate hikes in the future, if necessary, to combat stubborn inflation. “In… Read More
The Fed raises interest rates again despite the stress hitting the banking system
By: Scott Horsley | NPR
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Updated March 22, 2023 at 2:28 PM ET WASHINGTON (NPR) — The Federal Reserve raised interest rates for the ninth time in a row on Wednesday, opting to continue its… Read More
The Fed raises interest rates by only a quarter-point after inflation drops
By: Scott Horsley | NPR
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Updated February 1, 2023 at 6:12 PM ET WASHINGTON (NPR) — The Federal Reserve raised interest rates by a quarter percentage point Wednesday, its eighth increase in less than a… Read More
Home prices see biggest drop in 9 years, thanks to higher mortgage rates
By: Chris Arnold | NPR
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WASHINGTON, D.C. (NPR) — Higher mortgage rates are throwing a bucket of ice-water on the super-heated housing market. Home prices in August were down about 6% from their peak in… Read More
Fed orders another super-sized interest rate hike as it battles stubborn inflation
By: Scott Horsley | NPR
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Updated September 21, 2022 at 2:07 PM ET WASHINGTON, D.C. (NPR) — The Federal Reserve ordered another super-sized jump in interest rates today, and signaled that additional rate hikes are… Read More
Another big Fed rate hike is here to battle inflation. Economy hangs in balance
By: David Gura | NPR
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Updated July 27, 2022 at 2:01 PM ET WASHINGTON, D.C. (NPR) — With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight… Read More
The Fed delivers biggest interest rate hike in decades to combat surging inflation
By: Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — The Federal Reserve escalated its battle against inflation Wednesday, announcing the largest interest rate hike in 28 years as the central bank struggles to regain control… Read More
Beware, new student loan borrowers: Interest rates are about to jump
By: Cory Turner | NPR
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WASHINGTON, D.C. (NPR) — With so much talk these days of when or whether President Biden will broadly cancel student debt – and with payments and interest on that debt… Read More
Fed Cuts Key Interest Rate Again
By: Associated Press
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WASHINGTON (AP) – The Federal Reserve is cutting rates for a second time this year while saying it’s prepared to continue doing what it deems necessary to sustain the U.S…. Read More
Fed Eyes Another Interest Rate Cut To Prop Up The Slowing Economy
By: Scott Horsley | NPR
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The Federal Reserve is widely expected to cut interest rates by a quarter percentage point. That could give a lift to the stock market but may not do much to help the economy amid the trade war.
Fed Ponders When To Cut Interest Rates
By: Scott Horsley | NPR
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There’s an unusual air of suspense surrounding the Federal Reserve’s policy meeting, with the possibility that the central bank could cut rates for the first time in nearly 11 years.
A Warning About U.S. Credit Rating Could Signal Higher Interest Rates
By: Avie Schneider | NPR
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A major credit rating agency is warning that a prolonged government shutdown could mean that it will reconsider the nation’s AAA rating. That could lead to higher borrowing costs.