Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018

  The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. (This is a developing story and is being constantly updated.)... Read More: Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
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