The Fed raised interest rates by another 25 basis points, bringing the federal funds rate range to 3.75%-4.00%. This is the first rate hike since July 2023, after several meetings kept rates unchanged.

The Federal Open Market Committee (FOMC) approved the decision by a vote of 12-0. The Fed announced the decision at 2:00 a.m. on September 17.

Of the 18 officials who submitted forecasts, 16 expected at least one more rate increase this year, each time by 25 basis points. Four said rates could be raised two more times.

The median forecast indicates that interest rates may rise once more this year, then remain unchanged in 2027 before gradually decreasing. The next FOMC meeting is expected to take place in late October.

Source: https://tintucbitcoin.com/fed-tang-lai-suat-25-diem-co-ban-du-kien-tang-them-trong-nam-nay/

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