EconomyFed raises interest rates to combat inflation
The Federal Reserve chair appointed by President Trump raised interest rates to fight inflation. Trump said he has confidence in Kevin Warsh and wants him to remain independent.

- Fed forecasts one more rate hike before year-end
Federal Reserve officials project another interest-rate increase later this year after Wednesday’s hike, followed by a steady policy in 2027, according to quarterly forecasts released after the latest meeting.
US Fed raises key rate for first time in three yearsThe US Federal Reserve raised interest rates by 25 basis points on Wednesday, seeking to tackle stubbornly high inflation in the world’s largest economy. The move is likely to anger President Donald Trump, who has called for lower rates.
Fed approves interest rate hike, signals one more to come this yearThe Federal Reserve approved its first interest-rate increase in more than three years on Wednesday and indicated that another hike could follow before the end of the year.
Fed raises rates by 25 basis points in first hike since July 2023The US Federal Reserve raised its benchmark federal funds rate range by 25 basis points to 3.75%-4.0%, marking its first rate hike since July 2023. The widely expected move was in line with market expectations.


























































