Trump’s Threats to Stop Trade Couldn’t Keep the Fed from Hiking Interest Rates
The Federal Reserve opted to raise interest rates by one-quarter of a percent, or 25 basis points, in a unanimous...

The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank’s Federal Open Market Committee (FOMC), under Fed Chair Kevin Warsh, voted unanimously to increase the central bank’s benchmark interest rate to a range of 3.75 percent to 4 percent. It marks the…
The Federal Reserve opted to raise interest rates by one-quarter of a percent, or 25 basis points, in a unanimous...
The Federal Reserve has raised the interest rate as fears of inflation persist despite economic optimism from President Donald Trump.On Wednesday, the Fed voted unanimously to increase interest rates by a quarter of a percentage point, the first rate-hike since 2023.'We should have the LOWEST RATE of any country in the World.'"Economic activity is…
Trump stopped short of specifically calling out Fed Chairman Kevin Warsh, whom the president tapped in January to succeed Jerome Powell.
This live blog is now closed.US Federal Reserve raises interest rates for the first time since 2023Kay Haigh, global head and CIO of Fixed Income and Liquidity Solutions at Goldman Sachs Asset Management, has this analysis of today’s decision:The Fed has signalled it does not at this stage envisage an aggressive tightening cycle. Most FOMC members see a…
As the Iran war pushes up the price of fuel and food, experts say Federal Reserve Chair Kevin Warsh had little choice but to raise interest rates for the first time in three years.