Federal Reserve

The Federal Reserve's historic interest rate hike will impact consumers' wallets. Here are moves you can make right now that could help your finances.

The Federal Reserve may consider another super-sized, 75-basis point rate hike in July as the central bank races to catch up with inflation, Chairman Jerome Powell said Wednesday.

Greg McBride, Bankrate chief financial analyst, discussed the impact of rising rates on savers and offers tips on maximizing the opportunity for the highest returns.

The Federal Reserve on Wednesday approved the largest interest rate hike since 1994 as officials try to tame runaway inflation, which surged to another 40-year high in May.

Jeffrey Gundlach called on the Federal Reserve to raise interest rates faster than markets anticipate in order to cool the hottest inflation in four decades.

Bankrate.com senior analyst Ted Rossman advises consumers to pay off credit card debt soon as "things change fast" amid recession fears and interest rate hikes.

Here are the key events taking place on Wednesday that could impact trading, including the Feed's decision on interest rates as well as the latest inflation report on import and export prices.

The Fed is under mounting pressure to cool inflation with more aggressive interest rate hikes after consumer prices accelerated faster than expected last week.

Geoffrey Okamoto, former first deputy managing director at the International Monetary Fund, explained why he believes inflation could reach 9% on an annualized basis.

The closely watched spread between the 2-year and 10-year Treasury yields inverted again on Tuesday, a reliable indicator on Wall Street that a recession is looming on the horizon.

Federal Reserve Bank of Philadelphia board member Chris Maher weighs in on whether the U.S. can expect a recession as the central bank moves to try and curb runaway inflation.

The producer price index, which measures inflation at the wholesale level before it reaches consumers, accelerated again in May, the Labor Department said on Tuesday.

Odds on Wall Street are growing that the Federal Reserve will inadvertently trigger an economic recession as it moves to cool sizzling-hot inflation with a series of rate hikes.

Here are the key events taking place on Tuesday that could impact trading including news about U.S. markets, inflation data, The Fed and tech news.

Stock investors are getting crushed as the S&P 500 fell into a fresh bear market and the Federal Reserve debates its options.

Hotter-than-expected inflation could force the Federal Reserve to take a drastic step next month with a 100-basis point interest rate hike, according to Wall Street traders.

The New York Federal Reserve said Monday that Americans ramped up their inflation expectations in May, creating new challenges for the U.S. central bank as it tries to cool prices.

Economist Mohamed El-Erian on Sunday said that had the Federal Reserve acted earlier, it could have avoided most of the record high inflation currently effecting Americans.

The Federal Reserve may lift interest rates by 75-basis points in June or July following the hotter-than-expected inflation report released on Friday as it seeks to cool prices.

The May consumer price report, released on Friday, sheds light on whether inflation is peaking, or whether consumers will continue to face rising costs in coming months.