Federal Reserve raises interest rates despite Trump’s calls for cuts
President Donald Trump has spent months demanding lower interest rates. Instead, the Federal Reserve just moved them in the opposite direction. The Fed voted unanimously Wednesday to raise its benchmark interest rate by a quarter percentage point, bringing its target range to 3.75% to 4%. The increase marks the first rate hike since 2023 and […]
The post Federal Reserve raises interest rates despite Trump’s calls for cuts appeared first on Unite News.
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