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The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
We haven't written up this one. The New York Times has the full story — the link below goes straight to it.
The US Federal Reserve has raised its benchmark interest rate by 25 basis points, taking the federal funds target range to 3.75%-4%. It is the Fed's first rate hike since July 2023.
The rich world is flirting with fiscal disaster
Adam Smith’s 1776 book, An Inquiry into the Nature and Causes of the Wealth of Nations, is often described in casual conversation (at least by noneconomists) as a manifesto for the benefits and power…
Nvidia can still deliver multibagger returns over the next five years.
AUD/USD extends losses on Wednesday after the Federal Reserve (Fed) raises interest rates and releases a hawkish set of policy projections.
