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US Federal Reserve Raises Interest Rates by 0.25% today
US Federal Reserve Raises Interest Rates by 0.25% today
Hugo avatar
Written by Hugo
Updated over a week ago

Dear TruBit user,

The US Federal Reserve has announced a 25-basis point increase in interest rates today and has hinted at the possibility of temporarily suspending further rate hikes. Consequently, the three leading US stock indices witnessed gains in the short term, with the Dow Jones climbing by 0.2%, the Nasdaq by 0.6%, and the S&P 500 by 0.3%.


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