Federal Reserve Increases Interest Rates by 25 Basis Points in Initial Hike Since July 2023
Summary The Federal Reserve elevated the federal funds rate by 25 basis points to a target band of 3.75% to 4.00%, representing its initial rate…
Interest Rates
No, Friday’s jobs report hasn’t materially boosted Fed rate hike odds
The case for a Federal Reserve interest rate increase later in the month has gained momentum following the impressive employment data released on Friday. However,…