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Results found for "federal borrowing"


The Federal Reserve announced an increase in interest rates Wednesday afternoon, boosting the cost of borrowing money by 0.75%, the largest increase in a single meeting in nearly 30 years.
The Federal Reserve announced an increase in interest rates Wednesday afternoon, boosting the cost of borrowing money by 0.75%, the largest increase in a single meeting in nearly 30 years.
 
Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
 

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