Fed Hikes Rates as Trump Signals Diplomatic Shifts with Mexico, Iran, and China

· thestockmarketwatch.com

The Federal Reserve delivered its first interest rate hike in over three years on Wednesday, lifting the federal funds target range by 25 basis points to

Key Takeaways

The Federal Reserve raised interest rates by 25 basis points to a target range of 3.75%-4.00% , marking the first hike since July 2023.

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