US Federal Reserve chair Kevin Warsh-led FOMC hikes interest rate to 3.75-4% range; first time since 2023

The US Federal Reserve's hike decision comes on the back of persistent inflation and a broader increase in global borrowing costs. Inflation has remained stubbornly elevated, while borrowing costs around the world have moved higher.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xusyCHP