Federal Reserve raises interest rates for the first time since 2023

Federal Reserve raises interest rates for the first time since 2023

The Fed increased its benchmark rate by 0. 25 percentage points to battle resurgent inflation driven by soaring energy prices.

Read the full story at cbsnews.com

Recommended

Health

New lawsuit accuses Trump administration of blocking NIH grants as form of censorship

General

Trump surgeon general pick backs MMR vaccine, rejects link between childhood vaccines and autism

General

Fraud expert exposes how hidden networks drove Minnesota fraud, other major scams: 'Criminal enterprise'

Federal Reserve raises interest rates for the first time since 2023 | BlinkNews