Ratehike

With rate hike, Janet Yellen places her firm stamp on Fed policy

In deciding to raise a key interest rate that has remained near zero for seven years, Federal Reserve Chair Janet Yellen has taken a risky step into unknown territory.

Federal Reserve meets on historic rate rise

The Federal Reserve began a two-day meeting Tuesday to weigh a landmark interest rate increase that will signal the end of more than seven years of crisis-era, easy-money monetary policy.

Fed meeting confirms December hike expectations, global markets react to tighter borrowing costs

Minutes of the Federal Reserve's late October policy board meeting confirmed Wednesday that participants expected to begin raising interest rates in December.

As rate hike buzz grows, Yellen warns proposed law on Fed would damage US economy

Janet Yellen warned Tuesday that a proposed law in Congress to more closely oversee the Federal Reserve would politicize monetary policy and do deep harm to the US economy.