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.
Brief by WorldPing · Original reporting by Al Jazeera
WorldPingThe Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.
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US interest rates raised for first time in three years
Trump demands 1% or lower interest rate after first Fed hike since 2023
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The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.
Brief by WorldPing · Original reporting by Al Jazeera
WorldPingTrump urges lower rates after central bank agrees increase by quarter-percentage point to range of 3.
Brief by WorldPing · Original reporting by The Guardian
WorldPingThe Federal Reserve just did something it hadn’t done in 1,148 days: raise interest rates. The Federal Open Market Committee (FOMC) voted 12-0 to lift the federal funds target range by a quarter percentage point to 3.
Brief by WorldPing · Original reporting by Bitcoin.com
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
Brief by WorldPing · Original reporting by CNBC World
WorldPingTrump says the U.S. should stop trading with most other countries in the world.
Brief by WorldPing · Original reporting by Gizmodo
Superstar, who earned the most nominations across 11 categories at this year’s event, will open the show…
Brief by WorldPing · Original reporting by Rolling Stone