Fed Set to Raise Rates for First Time Since 2023
The Federal Reserve is expected to hike interest rates as persistent inflation defies targets. Markets will closely watch Fed Chief Kevin Warsh's remarks.
Xurve View
Insights:
Xurve View
The United States central bank is poised to lift interest rates by a quarter of a percentage point to the 3.75%-4.00% range, driven by inflation stuck above its 2% target. The move marks the first rate hike since 2023.
