Economy 18 sources 2 updates
Fed raises policy rate by 25 basis points, rate climbs to 3.75-4% range
The Fed raised interest rates for the first time since 2023, unanimously lifting the policy rate to the 3.75-4% range. The bank raised its year-end rate expectation to 4.1%, with 16 of 18 officials projecting at least one more hike this year.
News sources
-
Dünya Independent 2 -
Ekonomim Independent 2 -
TRT Haber State -
Anadolu Ajansı State -
Karar Independent -
Halk TV Opposition 2 -
BirGün Opposition -
Cumhuriyet Opposition -
Diken Independent -
Yeniçağ Opposition -
Euronews Türkçe Foreign 2 -
Evrensel Opposition -
BBC Türkçe Foreign -
Artı Gerçek Opposition
Who is in this story
Story thread
- Fed raises policy rate by 25 basis points, sharp moves seen in gold The U.S. Federal Reserve unanimously raised its target rate range to 3.75-4%, the first increase since 2023. Sources differ on the spot gold figures following the decision: $4,310.49 or $4,240.
- Fed raises policy rate by 25 basis points, rate climbs to 3.75-4% range The Fed raised interest rates for the first time since 2023, unanimously lifting the policy rate to the 3.75-4% range. The bank raised its year-end rate expectation to 4.1%, with 16 of 18 officials projecting at least one more hike this year.