Fed raises rates as it weighs tighter money over the next few years
The Federal Reserve announced an increase in its target interest rate Wednesday afternoon, continuing its careful efforts to withdraw its crisis-era stimulus measures, while also hinting at faster rate hikes over the next two years.
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Dow falls 299 points after Powell signals Fed will keep raising rates to contain inflation
U.S. stocks fell for the first time in four days Tuesday after comments from new Federal Reserve Chair Jerome Powell sent rates higher.
Total US household debt soars to record above $13 trillion
The American consumer is loading up on debt.
New York Fed Forecasts 4.0% GDP Growth
The Trump economic boom is picking up steam as American heads into the final weeks of the president’s first year in office.
Federal Reserve raises interest rates for third time in 2017
With the labor market strengthening and economic activity rising at a solid rate, the Federal Reserve on Wednesday announced the third rate-hike of the year.
U.S. Third-Quarter Growth Revised to Three-Year High of 3.3%
The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.
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