Fed raises interest rates for first time in three years
WSJ reports the Federal Reserve raised interest rates Wednesday for the first time in three years, reversing last year's cuts and implicitly undercutting the White House’s stance that inflation is not a concern. The increase was approved unanimously.
The Federal Reserve raised interest rates Wednesday for the first time in three years, reversing cuts it made last year and implicitly undercutting the White House’s view that inflation is not a concern. The increase was approved unanimously.