Tag: benchmark_rate
-
Media Monitor: Fed Raises Interest Rates by Quarter Point, Its First Hike in More Than 3 Years
The Washington Post reports the Federal Reserve raised its benchmark rate by a quarter point to tackle inflation, its first increase in over three years, despite President Trump's calls to lower rates.
BusinessPolitics and GovernmentEconomyBankingFinancial MarketsFederal Government Federal Reserveinterest ratesinflationDonald Trumpbenchmark rateborrowing costsWashington Post