Economy
Fed raises policy rate by 25 basis points, sharp moves seen in gold
The U.S. Federal Reserve unanimously raised its target rate range to 3.75-4%, the first increase since 2023.
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Fed Kevin Warsh Donald Trump FOMC
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Economy
The U.S. Federal Reserve unanimously raised its target rate range to 3.75-4%, the first increase since 2023.
Fed Kevin Warsh Donald Trump FOMC
Economy
The Fed raised interest rates for the first time since 2023, unanimously lifting the policy rate to the 3.75-4% range. The bank raised its year-end rate expectation to 4.1%, with 16 of 18 officials projecting at least one more hike this year.
Fed FOMC Donald Trump United States