The Federal Reserve has raised its benchmark rate by 25 basis points to 3.75%-4%, the first increase since 2023, defying President Trump's calls for the lowest rates in the world.
Fed raises interest rates for first time since 2023 in unanimous vote
The Federal Reserve has raised its benchmark rate by 25 basis points to 3.75%-4%, the first increase since 2023, defying President Trump's calls for the lowest rates in the world.
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