The US Federal Reserve raised its interest rates by a quarter of a percentage point for a 10th consecutive time on Wednesday (May 3), while indicating a pause in further increases.

US Federal Reserve announces quarter-point interest rate hike, signals potential pause

The United States Federal Reserve following its last meeting of the year on Wednesday announced another interest rate hike, this time by half a percentage point making this its seventh time this year.

US Federal Reserve raises interest rate for 7th time this year: Here’s what it means

US Fed Chair Janet Yellen said the US growth appeared roughly balanced and needed more strength to survive a rate hike

Federal Reserve keeps interest rates unchanged, Chair Yellen signals one hike by year end

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US Federal Reserve announces quarter-point interest rate hike, signals potential pause

US Federal Reserve raises interest rate for 7th time this year: Here’s what it means

Federal Reserve keeps interest rates unchanged, Chair Yellen signals one hike by year end