First Fed Hike Since 2023

The Fed hikes for the first time in over 3 years, with the Dow shedding over 600 points while the 10-year Treasury yield holds stubbornly around the 5% mark. The rate hike provokes U.S. President Donald Trump, who once again demands looser monetary policy, calling the FOMC “hostile”.

Source: CNBC International TV

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Category General

Source CNBC International TV

Published 5 days ago

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News ID #18,277

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