Federal Reserve News Updates

GovernmentBusiness

Fed Keeps Key Interest Rate Unchanged

WASHINGTON — The Federal Reserve kept its key interest rate unchanged June 14 after having raised it 10 straight times to combat high inflation. 

June 14, 2023
GovernmentBusiness

Key Inflation Measure Increases in April

WASHINGTON — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.

May 26, 2023
GovernmentBusiness

Federal Reserve Chair Powell Hints at Pause in Rate Hikes

WASHINGTON — Chair Jerome Powell indicated May 19 that the Federal Reserve likely will forgo an increase in its benchmark interest rate when it meets in June.

May 19, 2023
GovernmentBusiness

High Consumer Prices, Inflation Pressures Persist in April

WASHINGTON — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that declines in inflation are likely to be slow and bumpy.

May 10, 2023
GovernmentBusiness

Fed Raises Key Rate Again, but Hints at Possible Pause

The Federal Reserve reinforced its fight against high inflation May 3 by raising its key interest rate by a quarter-point to the highest level in 16 years.

May 3, 2023
GovernmentBusiness

Fed’s Key Inflation Gauge Stayed High in March

WASHINGTON — A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated in March, keeping the Fed on track to raise interest rates in May.

April 28, 2023
GovernmentBusiness

Wholesale Inflation Pressures Eased Sharply in March

WASHINGTON — Wholesale prices fell in March, a sign that inflationary pressures in the economy are easing a year after the Federal Reserve began aggressively raising interest rates.

April 13, 2023

Key Inflation Gauge Slowed in February

WASHINGTON — The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s effort to cool price pressures through higher interest rates.

March 31, 2023
GovernmentBusiness

Fed Raises Key Rate by Quarter-Point Despite Bank Turmoil

WASHINGTON — The Federal Reserve extended its yearlong fight against high inflation March 22 by raising its key interest rate a quarter-point.

March 22, 2023
GovernmentBusiness

Inflation Stays High in February, Complicating Fed’s Plans

WASHINGTON — U.S. consumer price increases eased from January to February but still indicated elevated inflation, posing a challenge for the Federal Reserve's interest rate plans.

March 14, 2023

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