The US Federal Reserve raised interest rates by 25 basis points to 4%, in line with expectations, in the first policy meeting under command of new central bank’s Chairman Kevin Warsh. Wednesday’s action marks the first policy tightening since 2023, in the central bank’s response to persistently elevated inflation. The vote among Fed policymakers was […]The post Fed Raises Interest Rates, Signals Potential Start of Tightening Cycle appeared first on ActionForex.