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Warsh's Fed rolls out first interest-rate hike in 3 years — with one more increase expected

Source: marketwatch.com

Monetary PolicyInterest Rates & Yields
Warsh's Fed rolls out first interest-rate hike in 3 years — with one more increase expected

The Federal Reserve raised its benchmark interest rate by 25 basis points, in line with market expectations. The Fed also signaled that one further rate increase is likely in the coming months, maintaining a restrictive policy outlook and potentially pressuring rate-sensitive assets.

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