NEW YORK, Sept. 16 (Xinhua) -- The U.S. Federal Reserve on Wednesday raised its target federal funds rate by 25 basis points to a range of 3.75 percent to 4 percent to address persistent inflation, marking its first interest rate hike since July 2023. ■
Urgent: U.S. Fed announces 1st interest rate hike in over 3 years as inflation stays sticky
Source: Xinhua|
2026-09-17 02:02:45|Editor: huaxia