Federal Reserve Raises Rates to 4% as Policymakers Signal Further Action
The Federal Reserve increased interest rates by 25 basis points, bringing the target range to 3.75% to 4.00%. The decision was unanimous among the 12 voting officials. Projections indicate that 16 out of 18 policymakers expect at least one additional rate hike.
Summaries are written by AI from the original article. Not investment advice.