Financial Planning

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Monetary policy

Fed forges on with rate hike amid inflation worry

Federal Reserve officials forged ahead with an interest rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.

Interest rates June 14

Interest rates June 14
Fed raises benchmark rate as inflation approaches 2% target

Two more increases are projected for this year, signaling more vigilance as the target approaches.

Interest rates March 15

Interest rates March 15