Economy 18 sources 2 updates
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.
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- 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.