Fed Raises Rates 25 Bps on Wednesday, Hawkish Tone Boosts October Hike Odds to 58%
According to CNBC, the Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%-4% on Wednesday. Fed Chair Howard reframed the move as "withdrawing accommodation" rather than tightening policy, signaling a more hawkish stance that rattled markets.
Howard's language
GateNews·09-19 04:25
