news paper icon

Analyzed News

Fed Raises Interest Rates After a Pause and Leaves Door Open to More

Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. Rates could rise more, but the central bank is not ready to commit. [Source]

Publication Date:

Origin: nytimes.com

Category: United States Economy

Topics: Rates, commit, ready, central, could, pausing, quarter-point, costs, borrowing, lifted, officials, Reserve, Federal, Leaves, Pause, After, Interest, Raises

Source: https://www.nytimes.com/2023/07/26/business/fed-meeting-interest-rate-powell.html