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The US Federal Reserve has raised its benchmark interest rate for the first time in three years, marking a major shift in global monetary policy. The move is aimed at tackling stubbornly high inflation and is expected to ripple through world markets and borrowing costs.[4][6][7][5]
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The US Federal Reserve has hiked interest rates for the first time since 2023, signaling a major shift in global financial conditions.[2][10] The unanimous decision underscores policymakers’ concern about inflation and could reverberate through currencies, stock markets and debt burdens worldwide.[2][10]
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The US Federal Reserve has raised its benchmark interest rate and signaled further increases are likely as it struggles to tame persistent inflation in the world’s largest economy.[1][7][15] The move tightens global financial conditions and comes amid heightened geopolitical and economic uncertainty.
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08:30
The US Federal Reserve has raised its benchmark interest rate, continuing its tightening campaign to fight resurgent inflation amid energy price spikes and ongoing geopolitical turmoil. The move underscores concerns that global conflicts and supply disruptions are reshaping the economic outlook and could keep borrowing costs elevated for longer.
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