Tag: Federal Reserve
Federal Reserve set to raise interest rates again to fight inflation
As rising prices burden American consumers, the Federal Reserve has raised interest rates several times to combat inflation and balance out the economy. WATCH the…
Fed hikes benchmark interest rate for 4th time this year l GMA
The Federal Reserve raised interest rates by another three-quarters of a percentage point to tamp down inflation. READ MORE: US economy shrinks for a 2nd…
Fed raises interest rates by 0.75% in effort to curb inflation l GMA
The Federal Reserve announced its biggest interest hike in nearly three decades on Wednesday as fears of a recession continue to mount. READ MORE: https://abcn.ws/3MXAYwQ…
White House dismisses fears of a recession l ABC News
President Donald Trump’s economic advisers have a singular message that the economy is strong, but other experts are concerned. #ABCNews #Trump #Economy #Recession #StockMarket source
Treasury Nominee Janet Yellen: Government Must ‘Act Big’ To Combat Pandemic | NBC News NOW
During her Senate confirmation hearing, treasury secretary nominee Janet Yellen said that the government must “act big” to provide more action, funding and aid to…
Trading temporarily halted as markets plummet despite Fed intervention | ABC News
The Dow Jones Industrial Average plummeted more than 2,250 points or 9.7% just after trading began Monday. BREAKING NEWS: https://abcn.ws/33sEQkr SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP…
Stark warning as Congress considers $3T relief package l ABC News
As the new jobless numbers come out, the chair of the Federal Reserve has warned of lasting economic damage due to the shutdown amid coronavirus….
