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US Federal Reserve votes to hike rates for the first time since 2023

Source: theguardian.com

Monetary PolicyInterest Rates & YieldsInflation
US Federal Reserve votes to hike rates for the first time since 2023

The Federal Reserve raised US interest rates for the first time since 2023, resuming monetary tightening to contain inflation. The rate hike signals a hawkish policy shift that could raise borrowing costs, pressure rate-sensitive assets, and affect broad financial-market valuations.

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