🚨 BREAKING: The Fed Raises Rates by 25 BPS
The Federal Reserve has lifted its benchmark rate by 25 basis points to 3.75%–4.00%, marking its first hike since July 2023.
Updated Fed projections also point to the possibility of another increase this year, while Chair Kevin Warsh is addressing markets following the decision.
The Federal Reserve has lifted its benchmark rate by 25 basis points to 3.75%–4.00%, marking its first hike since July 2023.
Updated Fed projections also point to the possibility of another increase this year, while Chair Kevin Warsh is addressing markets following the decision.
