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Fed Rate Hike Raises Costs of Funding Global Commerce

Source: pymnts.com

Monetary PolicyInterest Rates & YieldsInflation
Fed Rate Hike Raises Costs of Funding Global Commerce

The Federal Reserve raised its federal-funds target range by 25bps to 3.75%-4.00%, citing persistently elevated inflation. The hawkish policy action raises borrowing costs and may pressure rate-sensitive assets, while signaling that inflation risks remain central to the Fed's outlook.

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