Federal Reserve

Competition is likely to keep today's low rates in check for the time being.

Competition is likely to keep today's low rates in check for the time being.

The Bank of England has decided to keep its main interest rate at a record low of 0.25 percent as it capped a tumultuous year in wake of the country's decision to leave the European Union.

The Bank of England has decided to keep its main interest rate at a record low of 0.25 percent as it capped a tumultuous year in wake of the country's decision to leave the European Union.

President-elect Donald Trump has pledged deep tax cuts and increased infrastructure spending to restore lost jobs, accelerate the economy and bring prosperity to more Americans.

President-elect Donald Trump has pledged deep tax cuts and increased infrastructure spending to restore lost jobs, accelerate the economy and bring prosperity to more Americans.

The FOMC raised interest rates by a quarter point after a long drawn out year.

The FOMC raised interest rates by a quarter point after a long drawn out year.

If you're about to buy a home, shop for a car or borrow for college, the pros have some advice: Go ahead.

If you're about to buy a home, shop for a car or borrow for college, the pros have some advice: Go ahead.

The Federal Reserve has raised a key interest rate in response to a strengthening U.S. economy and expectations of higher inflation, and it foresees three more rate hikes in 2017.

The Federal Reserve has raised a key interest rate in response to a strengthening U.S. economy and expectations of higher inflation, and it foresees three more rate hikes in 2017.

U.S. stocks fell the most in two months on Wednesday after the Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected.

U.S. stocks fell the most in two months on Wednesday after the Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 5:35 a.m.

The Latest on the Federal Reserve's monetary policy meeting (all times local): 5:35 a.m.

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

Well, finally: To the surprise of almost no one, Federal Reserve policymakers decided Wednesday to raise short-term U.S. interest rates for the first time in a year.

Well, finally: To the surprise of almost no one, Federal Reserve policymakers decided Wednesday to raise short-term U.S. interest rates for the first time in a year.