At 2:00 a.m., the U.S. Federal Reserve raised interest rates by 25 basis points, lifting the benchmark rate to 3.75%-4.00%, the first hike since July 2023 and in line with market expectations. Previously, the Fed had held rates steady for five consecutive meetings. Markets across the board saw varying degrees of volatility. Tune in at 8:00 this morning for the morning class breakdown—stay tuned~

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