Fed hikes rates 25bp to 3.75%-4.00%, its first hike since 2023; Goldman expects another 25bp in October

The Fed raised rates 25bp to a 3.75%-4.00% target range, its first hike since 2023, with Warsh highlighting inflation risks. Goldman Sachs expects another 25bp increase in October, per a report relayed by WatcherGuru. Trump is demanding the Fed cut rates to 1% or lower.

Detected & updated continuously · Source: Nebula