The Federal Reserve raised interest rates once again on Wednesday, as concerns about persistently ... "The FOMC opted for a hike despite recent turmoil in the banking sector.

"Historically, the Fed doesn’t leave it long before cutting rates – over ... concerns linked to tightening credit conditions. "If inflation refuses to budge, we could well see another hike ...

The European Central Bank is poised for a similar move. Wednesday's hike marked the Fed's seventh ... to higher rates. And there are concerns about broader weakening, despite a strong labour ...

Regional lenders are crucial for U.S. economic growth and markets want Fed support before the bank crisis triggers a near-term recession. With markets reacting indiscriminately in the wake of the ...

After witnessing decades of endless soothsaying and hand-wringing over the central bank ... With hikes like those, who needs cuts? Despite all the “high rates” talk, today’s fed-funds ...

Federal Reserve officials’ policy statement on Wednesday omitted language suggesting that there are more interest-rate increases to come, suggesting that the central bank had moved to a more ...

On Wednesday, the Federal Reserve maintained its key interest rate in the range of 5.25%-5.50%, sparking a moderate rise in U.S. stock index futures. Despite the ...

To the surprise of no one, the Fed raised rates ... It's the third straight rate hike which takes the base rate to its highest level since before the 2008 Global Financial Crisis.

The US Federal Reserve has a mixed legacy in Asia, one characterized by periods of financial turmoil linked to its monetary ...

Dubai Banking regulators in the United States, including the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC), are expected to release ...

The Federal Reserve raised interest rates for a 10th consecutive time on Wednesday, but this might be the last rate hike of the ... of a surprise despite the recent bout of banking turmoil from ...