Fed hikes rates by quarter point, Powell hints at possible pause

Fed hikes rates by quarter point, Powell hints at possible pause
(Image: Bloomberg)
Bloomberg
By Matthew BoeslerThe Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive tightening campaign since the 1980s as economic risks mount.“The committee will closely monitor incoming information and assess the implications for monetary policy,” the Federal Open Market Committee (FOMC) said in a statement on Wednesday US time. It omitted a line from its previous statement in March that said the committee “anticipates that some additional policy firming...

More Bloomberg

Here are the 10 best hotels in the world
The Life

Here are the 10 best hotels in the world

Its top 10 list consists entirely of tied scores for the top prize.

Afghan refugees should be treated same as South Africans
Bloomberg Opinion

Afghan refugees should be treated same as South Africans

The greater outrage is the suspension of a refugee programme that is so badly needed.

Bloomberg 17 May 2025
A 100% tariff on movies. What does that even mean?
Media Opinion

A 100% tariff on movies. What does that even mean?

"We should underestimate Trump at our own peril."

Bloomberg 10 May 2025
US bonds have never been risk-free, and never will be
Bloomberg Opinion

US bonds have never been risk-free, and never will be

 It will still be a low-risk asset and in high demand. 

Bloomberg 26 Apr 2025