Federal Reserve

U.S. stocks are higher Thursday morning as Apple and Amazon both jump.

Asian markets were mixed on Thursday after the U.S. Federal Reserve lifted its key interest rate as expected for the third time this year.

Stock indexes around the world held steady on Wednesday as markets awaited a Federal Reserve decision on interest rates scheduled for the afternoon.

The president said he would rather spend money on paying down U.S. debt.

___ Fed raises rates for 3rd time this year with 1 more expected WASHINGTON (AP) — The Federal Reserve signaled confidence in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to help manage growth and inflation.

The Federal Reserve is raising a key interest rate for the third time this year in response to a strong U.S. economy and signaling it will likely maintain a pace of gradual rate hikes.

U.S. stock indexes dipped Wednesday after the Federal Reserve took the latest step in its campaign to pull interest rates gradually higher.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:55 a.m.

No matter your age, what the Federal Reserve does to interest rates will most likely affect you.

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate.

The central bank continued to signal one more rate hike this year.

The latest on developments in financial markets (all times local): 9:35 a.m.

A healthy economy is what counts for the U.S., Mohamed El-Erian said.

The Czech Republic's central bank has raised its key interest rate for the third time since June, by a quarter point to1.50 percent.

Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year.

The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.

The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.

An increase in the benchmark short-term rate is good news for savers and bad news for borrowers.

U.S. stock indexes are slightly higher Tuesday morning as energy companies continue to rise with oil prices.

The Federal Reserve is all but certain Wednesday to raise its key short-term interest rate for the third time this year and to signal that another hike is likely before the year ends.