Markets are beginning to anticipate an even faster pace of interest rate hikes, and Federal Reserve officials apparently are contemplating the possibility as well.Central bank policymakers are entertaining the idea of a 75 basis point increase to the Fed's benchmark funds rate that...

Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar magnitude at the next policy meeting in July as it did in June."From the perspective of today, either a 50 basis point or a 75 basis...

The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressive hike since 1994.Ending weeks of speculation, the rate-setting Federal Open Market Committee took...