Watch: How will higher interest rates impact US consumers?
The BBC's Samira Hussain looks at the factors considered in the increase by the Federal Reserve and what it could mean for the US economy.
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The BBC's Samira Hussain looks at the factors considered in the increase by the Federal Reserve and what it could mean for the US economy.
The BBC goes inside a fortified storage facility to view luxury goods seized by police that are now up for auction.
Inflation has remained stubbornly high
Quarter-point hike is first in 3 years; oil shock, tariffs, AI boom continue to drive inflation
Quarter-point hike is first in 3 years; oil shock, tariffs, AI boom continue to drive inflation
The Fed on Wednesday delivered a much-expected interest rate hike.
The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.
Mr. Hamm’s company, Continental Resources, has signed a preliminary deal with Venezuela’s state-owned oil company to develop and produce oil.
Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’
Here’s how to read the Federal Reserve’s economic projections like a pro.