May 10 Watch Federal Reserve Hikes Key Interest Rate to 5 Percent In an effort to curb the growing rate of inflation, the Federal Reserve raised a key short-term rate to a five-year high of 5 percent and warned that future interest rate increases may be needed. Economics correspondent Paul Solman discusses… Continue watching
Dec 11 Fed Cuts Key Interest Rate to Lowest Level in 40 Years The Federal Reserve Tuesday cut a key interest rate by a quarter point, the eleventh cut this year. Continue reading