Federal Reserve
Fed raises rates by 25 bps in first hike since 2023
The Federal Reserve has raised its benchmark interest rate by 25 basis points to 3.75%–4%, delivering its first increase since July 2023 as inflation…
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The Federal Reserve has raised its benchmark interest rate by 25 basis points to 3.75%–4%, delivering its first increase since July 2023 as inflation…
U.S. 10-year Treasury yield hit 5.012% as oil surged, then eased below 5% while investors awaited the Federal Reserve’s Wednesday decision.
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