Fed Raises Rates in First Major Step by Warsh to Contain Inflation

The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm elections.

The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm elections.
Des pirates ont usurpé l’identité d’une agence gouvernementale pour obtenir des données sensibles de clients. Une enquête a été ouverte en Italie et le régulateur britannique de la protection des données examine des informations après un « signalement ».

This month, the president threatened to halt a broad swath of trade if interest rates were not cut, a possibility he resurfaced on Wednesday.

- Published US interest rates have been raised for the first time in more than three years and could be increased further in a bid to slow rising prices. Rates were hiked to 3.75%-4% from 3.5%-3.75% by the Federal Reserve in a unanimous decision on Wednesday despite fierce opposition from President Donald Trump, who had called for rates to be cut. Fed Chair…

Mr. Hamm’s company, Continental Resources, has signed a preliminary deal with Venezuela’s state-owned oil company to develop and produce oil.