“The Committee Is Going To Have To Do More”

| Getty Images Key Takeaways Jim Bullard, a voting member of the FOMC, feels that the Fed will have to continue with rate hikes because inflation isn’t cooling off enough. Many analysts have pointed t...

How Much Did The Fed Raise Interest Rates This Week?

Getty Images Key takeaways The Federal Reserve hiked interest rates for the sixth time this year on Wednesday The 75 basis point (0.75%) rate hike is the fourth consecutive hike of its size Though inf...

Is Inflation Finally Cooling Down?

AFP via Getty Images Key takeaways August’s Consumer Price Index (CPI) data was released early Tuesday morning, finding that headline inflation has increased 0.1% in August and core inflation has clim...

Fed Officials Preparing to Lift Interest Rates by Another 0.75 Percentage Point

Federal Reserve officials have signaled they are likely to raise interest rates by 0.75 percentage point later this month, for the second straight meeting, as part of an aggressive effort to combat hi...