Federal Reserve Raises Interest Rates by 25 Basis Points to 3.75-4.00% on September 16, First Hike Since 2023
On September 16, the Federal Reserve is expected to raise interest rates by 25 basis points, pushing the federal funds rate to a target range of 3.75-4.00%, marking the first rate increase since 2023. The decision comes as Fed Chair Kevin Warsh, confirmed by the Senate and sworn in on May 22,
GateNews·09-16 15:24
