🇺🇸💵 Fed hikes rates by 25 bps
The Federal Reserve raised its benchmark rate by 25 basis points, moving the target range to 3.75%–4.00%, citing still-elevated inflation. �
Federal Reserve
The move comes after months of political pressure for lower rates, but the Fed’s decision shows it is still prioritizing its inflation mandate.
Markets are now watching closely for what comes next. 📊
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