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The Fed raised its benchmark interest rate by a quarter point on Wednesday, the first hike since July 2023.
We haven't written up this one. Forbes has the full story — the link below goes straight to it.
The Fed has raised its rate to 3.75-4.00%, its first increase since 2023 and its first move since the cut in December 2025. Bank Rate, the Bank of England's own rate, has been 3.75% since December 2025.
Move comes after Trump nominated Kevin Warsh as Fed chair and said US should have lowest rates in the world The US Federal Reserve voted to raise interest rates on Wednesday for the first time since 2023 as the central bank continues to fight to tamp down inflation.
Dubai: The US Federal Reserve raised interest rates by 25 basis points on Wednesday, delivering its first increase since 2023 as policymakers moved to tackle inflation that remains well above the central bank’s target. Get updated faster and for FREE: Download the Gulf News app now - simply click here.
Debjit Sen, founder and CEO of Engrow, took to X to discuss the wider impact of layoffs on salaried employees. His post came soon after Oracle announced another round of job cuts.
Die Finanzmärkte haben auf diesen Zinsschritt gehofft. Die amerikanische Notenbank begibt sich damit aber auf Konfrontationskurs mit Donald Trump, der tiefere Zinsen fordert.
US Treasuries mostly held their gains after the Federal Reserve lifted interest rates for the first time since 2023 and forecast further action to rein in inflation.
