Full Coverage
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
By Jeff Cox
Top news
Rising interest rates in US will hinder foreign economies
By Paul Wiseman
Dow rallies 900 points as investors bet the Fed can slow inflation without causing a recession
By Jesse Pound & Samantha Subin
Fed's Powell: 75 basis point rate hike not being 'actively considered'
By Dan Burns & Chizu Nomiyama
The Fed could have trouble avoiding a double-dip recession
By Paul R. La Monica
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Formerly Twitter
Mohamed A. El-Erian
elerianm
From the Bloomberg article, “Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data:”
Fed Chair “Powell has kept the committee united in its rate path, with no dissents in nearly two years, but there are some signs of strains. Until recently, Powell had sounded dovish… pic.twitter.com/1wbDAzrrtx
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*Walter Bloomberg
DeItaone
❖ Powell Seen as 'Comfortable' With Repricing of Fed Expectations: Bank of America
The Fed's main message after tomorrow's rate decision is likely to be that "policy needs more time, the next move is most likely a rate cut, and the committee is in a wait-and-see mode until the…
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*Walter Bloomberg
DeItaone
FED RATE DOUBTS HAVE OPTIONS TRADERS COVERING BOTH HIKES AND CUTS
Treasury options traders are protecting against everything from multiple interest-rate cuts this year to a hike ahead of the US Federal Reserve meeting this week.
www.bloomberg.com/news/articles/2024-04-28/fed-rate-doubts-have-options-traders-covering-both-hikes-and-cuts?sref=dJOSAJZH
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All coverage
Fed Hikes Interest Rates Half-Point, Will Start Balance Sheet Reduction
By Steve Matthews & Matthew Boesler
US makes biggest interest rate rise in 22 years
By Natalie Sherman
Fed raises rates by 50 basis points to fight inflation, outlines balance sheet reduction
By Rachel Siegel & Abha Bhattarai
'Very, very unlikely' Fed can tame inflation without sparking recession, former NY Fed chief says
By Matt Egan
Fed issues biggest rate hike in 22 years
By Anneken Tappe
Rising interest rates mean higher loan costs when you go to buy a car. Monthly payments already average $650
By Sarah O'brien
The Fed's aggressive hiking campaign will lead to a recession, according to CNBC survey
By Steve Liesman
Here's what the Fed's half-point rate hike means for your money
By Jessica Dickler
A full recap of the Fed's rate hike and big market rally
By Fred Omar Imbert
The Fed is expected to raise rates by a half point. Investors wonder if it will get more aggressive
By Patti Domm
Fed interest rate hike: Here's the impact on credit rates, mortgages, and the rest of your wallet
By Aimee Picchi
