Even after inflation has steadily eased this year, the Fed's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.
WASHINGTON (AP) The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are<a class="excerpt-read-more" href="https://wsvn.com/news/us-world/federal-reserve-raises-its-key-rate-for-11th-time-by-a-quarter-point-in-its-drive-to-slow-inflation/">Read More</a>
Rattled by runs on regional US banks and wild gyrations in stocks and bonds, bankers abandoned attempts to raise new funding for their corporate clients
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Powell Says Smaller Rate Increases Make Sense; BOE and SNB Match Fed Move; Join WSJ Live Q&A on the Economic Outlook morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.