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Fed

Interest rates

The Fed may increase rates quicker to tame inflation, Powell says

US Fed Chair Jerome Powell recently floated the idea of raising interest rates a little sooner than before in an effort to fight inflation, which is the top priority for this year. The specific idea he casually threw out there was that the Fed might increase rates by half a

Fed rate hike

Here’s what you need to know about the Fed’s rate hike

After a good few months of um-ing and ah-ing about what to do about the record-high levels of inflation, the Fed has voted on Wednesday 8-1 in favor of raising interest rates on government loans by about a quarter percent. This is after two years of near-zero rates aimed to