The Federal Reserve raised interest rates by 0.25% today—its first hike in three years. The decision was unanimous.
The Fed described the economy as "strong" and expanding at a "solid pace," with "robust" capital investment.
President Trump has previously criticized rate hikes. A response from him is likely imminent.
The Fed described the economy as "strong" and expanding at a "solid pace," with "robust" capital investment.
President Trump has previously criticized rate hikes. A response from him is likely imminent.