Tag: Federal Reserve
Powell: The Federal Reserve leave rates unchanged
The Federal Reserve held interest rates steady on November 1 while policymakers grappled with whether financial conditions would be sufficiently tight enough to contain...
Fed maintains interest rates but auto industry still faces economic tension
As anticipated, the Federal Reserve maintained rates regarding the declared short-term rate policy. However, they also clarified that there may be more rate increases...
Fed raises interest rates one more time, indicates hikes could be...
The Federal Reserve has hiked interest rates once again, this time by 0.25%, but appears poised to discontinue the dis-inflationary tactic.
After the last increase...
Federal Reserve slightly raises interest rates, but warns of further increases
The Federal Reserve has again raised interest rates, but this time only by a quarter of a percent to a target range of 4.5%...
EV tax incentive delays could work in auto industry’s favor
The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March.
Originally, the agency aimed to...
Why the Fed raised interest rates again, and why it matters...
The Federal Reserve has now raised interest rates to their highest since 2008, solidifying the concerns of many industry insiders that the auto-market will...
Fed raises interest rates by another 0.75 points to curb US...
In a highly anticipated move, the Federal Reserve raised benchmark interest rates by another three-quarters of a percentage point on Wednesday and indicated that...
The Fed will likely get more aggressive in tackling inflation this...
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another...
Fed officials likely to hike interest rates another 0.75 percentage point
On August 26, in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made a public pledge to reduce inflation, even at the expense of the...
Fed Official Neel Kashkari says inflation is more cause for concern...
According to data released last Thursday by the Bureau of Economic Analysis, the country’s gross domestic product declined for the second consecutive quarter, which is...
