The Federal Reserve will determine if it will raise the federal funds rate in its June meeting, which will be announced Wednesday afternoon. The majority of experts believe this will be the second of three or even four rate hikes in 2017, although some ...

The economy is revving up, and so the Federal Reserve is stepping up its plan to move interest rates closer to normal. As anticipated, the Fed raised its benchmark short-term interest rate Wednesday but it also upgraded its forecast from a total of three hikes ...

Federal Reserve officials leaned toward a slightly faster pace of policy tightening at their March meeting as their growth outlook and confidence in hitting their inflation target strengthened, according to minutes of the gathering released Wednesday. A ...