Another Fed hike to follow? Goldman Sachs says US Federal Reserve could raise interest rates again in October
· livemint.com
The US Federal Reserve raised its benchmark interest rate for the first time in 2023 to combat persistent inflation above its 2% target. Fed Chairman Kevin Warsh indicated an improving economy while other central banks are also increasing rates amidst global concerns.
The US Federal Reserve raised its benchmark interest rate Wednesday, making it the first such hike since 2023. The rate hike announced by Trump-appointed Fed Ch...