By The Fed blinked – but didn’t flinch away from another rate
hike. On Wednesday, Federal Open Market Committee (FOMC)
policymakers rejected President Donald Trump’s call for a pause.
They raised their benchmark rate by a quarter point to a range up
to 2.5%.
hike. On Wednesday, Federal Open Market Committee (FOMC)
policymakers rejected President Donald Trump’s call for a pause.
They raised their benchmark rate by a quarter point to a range up
to 2.5%.
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