Federal Reserve hikes interest rates for first time since 2023 amid stubborn inflation

The Federal Reserve on Wednesday raised its benchmark interest rate for the first time in over three years amid concerns over stubborn inflation that has been driven recently by higher energy prices.

Federal Reserve hikes interest rates for first time since 2023 amid stubborn inflation

The Federal Reserve on Wednesday raised its benchmark interest rate for the first time in over three years amid concerns over stubborn inflation that has been driven recently by higher energy prices.

This story was originally published by Fox Business Network. Use the link below to read the full article at the source.

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