Federal Reserve raises interest rates for the 1st time since 2023
The consequential move arrives less than two months before the midterm elections.
Federal Reserve raises interest rates for the 1st time since 2023
The consequential move arrives less than two months before the midterm elections. Grouped from 7 articles across 6 sources.
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Fed raises rates for first time since 2023 in unanimous decision
Central bank chair Kevin Warsh defies calls from Donald Trump to lower borrowing costs
US Fed raises interest rates for first time in three years
The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.
US Fed raises key rate for first time in 3 years
In an attempt to address the persistently high inflation in the world's largest economy, the US Federal Reserve increased interest rates by 25 basis points.
Fed raises rates for the first time since 2023 in unanimous vote defying Trump
The Federal Reserve has raised its benchmark interest rate by a quarter point to a range of 3.75% to 4%, its first increase since July 2023, in a unanimous 12-0 vote that puts Chair Kevin Warsh directly at odds with the US president who appointed him.
Fed expected to raise rates despite Trump’s calls for a cut
The US Federal Reserve is widely expected to raise borrowing costs for the first time in three years as persistent inflation tests Chair Kevin Warsh’s commitment to price stability.
Huge Van Gogh collection reunited for first time since 1984
Alongside The Potato Eaters, the exhibition includes Terrace of a Cafe at Night (1888) and The Old Tower at Nuenen (1884).
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