Fed rate hike, Kevin Warsh, inflation: The Federal Reserve raised its benchmark interest rate by a quarter point to 3.75%–4%, citing persistent inflation. New projections show 16 of 18 policymakers expect at least one more hike this year. Fed Chair Kevin Warsh said the move should support a faster return toward the central bank’s 2% inflation goal, signaling tighter policy could continue.

#Fed #FederalReserve #KevinWarsh #InterestRates #Inflation #USEconomy #FedRateHike #EconomicNews

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