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Reason
Reason
Liz Wolfe

Best Credit in the World

Donald Trump Kevin Warsh Zohran Mamdani US Federal Reserve

Hike: Yesterday, the Federal Reserve raised interest rates for the first time in three years, contra the president's messaging that inflation is fine and not a real problem.

The decision to raise benchmark interest rates to a target range of 3.75 percent to 4 percent was a unanimous one.

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