The Federal Reserve raised interest rates by another 0.75-percent point to combat inflation, Chairman Jerome Powell said on Wednesday. Powell hinted at a possible slowdown in the pace of increases.

The Federal Reserve is expected to raise the benchmark interest rate by 0.75%, repeating the same hike it imposed at each of the last three meetings, according to a Bloomberg survey of economists.

All but one of 62 economists in the March 4-11 poll forecast no change to interest rates in the March 18-19 meeting. A small minority, 18 out of 61, saw at least one 25-basis-point hike to 0.75% ...

Microsoft said on September 19, 2023 that its board of directors declared a regular quarterly dividend of $0.75 per share ($3.00 annualized). Previously, the company paid $0.68 per share. Shares ...