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WASHINGTON — The Federal Reserve's sprint to rein in inflation is nearing its end. Now comes the endurance portion of the race. The Federal Reserve's Federal Open Market Committee voted Wednesday to increase its benchmark interest rate by…
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A smaller rate hike After four straight 75-basis point (0.75%) hikes to the federal funds rate, the Fed loosened its stance this month in light of declining inflation. The central bank concluded its December Federal Open Market Committee…
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WASHINGTON — In a series of blistering back-and-forths with Republican lawmakers, Consumer Financial Protection Bureau Director Rohit Chopra defended a series of guidance documents and other public materials released by the agency. …
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