Fed Raises Rates 0.25pp to 4% as Warsh Defies Trump Pressure
The US Federal Reserve raised its benchmark interest rate by 0.25 percentage points to 3.75-4.00% on September 16, marking the first rate increase since July 2023. The move responds to persistent inflation driven by surging oil prices amid US-Iran conflict, with Fed Chair Kevin Warsh stating inflati
GateMacroTradfiHub·09-17 17:22
