The Federal Reserve raised its key interest rate by a quarter point Wednesday, adjusting the federal funds rate to a range of 5.25% to 5.5%, the highest level in 22 years. Some economists predict that ...
WASHINGTON, Feb 7 (Reuters) - Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job market closed out the Biden era at the cusp of ...