0.75Point

The Marriner S. Eccles Federal Reserve building in Washington last August. Photo: Graeme Sloan/Bloomberg News…

Another uncomfortably high inflation reading for September is likely to keep the Federal Reserve on track to increase interest rates by 0.75 percentage point at its meeting next month. The report also raises the risk officials will delay an anticipated slowdown in the pace of rate rises after that or signal that they are likely to raise rates to even higher levels early next year than previously anticipated by policy makers and investors. Another uncomfortably high inflation reading for…

The Federal Reserve is expected to approve its third consecutive interest-rate increase of 0.75 percentage point on Wednesday, while signaling plans to raise and hold its benchmark rate above 4% in coming months to battle inflation.Investors see a small chance of a larger rate rise of a full percentage point, or 100 basis points, at the Fed’s policy meeting Tuesday and Wednesday. A few analysts have said last week’s report showing high inflation could force central-bank officials to debate the merits of the larger move.…

The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman Jerome Powell’s public pledge to reduce inflation even if it increases unemployment.Fed officials have done little to push back against market expectations of a third consecutive 0.75-point rate rise in recent public statements and interviews ahead of their Sept. 20-21 policy meeting. In a speech Aug. 26 in Jackson Hole, Wyo., Mr. Powell underscored the…

A Federal Reserve official who has favored aggressive rate increases this year said he would favor a 0.75-percentage-point rate rise at the central bank’s meeting in two weeks—though stronger economic data between now and then could tip the scale in favor of an increase of a full percentage point.The Labor Department reported Wednesday that inflation rose to 9.1% in June from a year before, the fastest pace in more than 40 years. The consumer-price index revealed a broadening in price pressures even after accounting for…

Another big increase in consumer prices last month keeps the Federal Reserve on track to raise its benchmark interest rate by 0.75 percentage point at its meeting later this month. The Fed’s June rate rise, the largest since 1994, lifted its benchmark rate to a range between 1.5% and 1.75%. Many Fed officials had already signaled they were prepared to support another 0.75-point increase at their July 26-27 meeting to raise rates quickly to levels high enough to slow the economy, and Wednesday’s report adds to that…

The strong employment figures released Friday keep the Federal Reserve on track to raise interest rates by 0.75 percentage point at its meeting later this month to cool high inflation. Employers added 372,000 jobs in June, the Labor Department said Friday. The unemployment rate held steady at 3.6% for the fourth month in a row. Average hourly wages rose 0.3% from May, a step down from higher levels earlier this year that—if sustained—could make Fed officials slightly less anxious about…

A top Federal Reserve official said he would support raising the benchmark interest rate by 0.75 percentage point at the central bank’s July 26-27 meeting as part of an effort to raise rates quickly to levels designed to slow the economy in order to combat high inflation. “Inflation is just too high and doesn’t seem to be coming down,” said Fed governor Christopher Waller during a webinar on Thursday. “We need to move to a much more restrictive setting in terms of interest rates and policy, and we need…

June 14, 2022 4:50 am ET U.S. stocks rose and government bonds steadied as investors awaited the Federal Reserve’s interest-rate decision. Follow the latest updates. Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 June 14, 2022 4:50 am ET U.S. stocks…

Former Federal Reserve Bank of New York President William Dudley said on Tuesday he believes the U.S. central bank will go for a supersize rate rise on Wednesday as it tries to bring monetary policy up to speed quickly to deal with surging inflation.The Fed will likely put in place a three-quarters of a percentage point rate rise at the close of the Federal Open Market Committee meeting, said William Dudley, speaking at a Wall Street Journal CFO Network Summit. Mr. Dudley, who was once the…