Federal Reserve raises interest rates for first time since 2023

The Federal Reserve raised interest rates by 0.25% for the first time in three years in a unanimous 12-0 vote. The rate will increase from a range of 3.5% to 3.75% to a new target range of 3.75% to 4%, according to the agency. "Economic activity is ...

Federal Reserve raises interest rates for first time since 2023

The Federal Reserve raised interest rates by 0.25% for the first time in three years in a unanimous 12-0 vote. The rate will increase from a range of 3.5% to 3.75% to a new target range of 3.75% to 4%, according to the agency. "Economic activity is ...

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