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Economy Event:federal reserve rate hike Outlet:WTOP Clear all

3 articles, grouped into stories

Federal Reserve officials expect another rate hike will be needed this year, according to minutesWASHINGTON (AP) — Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to mi

WTOP2d agoWhole story →

Economy federal reserve rate hike

Federal Reserve official says fighting inflation likely to be ‘painful’WASHINGTON (AP) — A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat

WTOP18d agoWhole story →

Economy federal reserve rate hike

Federal Reserve rate hike reflects new world of sticky inflation and faster growthWASHINGTON (AP) — President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday , but the Fed matte

WTOP19d agoWhole story →

Economy federal reserve rate hike