Karoline Leavitt's possible successors emerge after WH press secretary's surprise departure

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The Federal Reserve unanimously raised interest rates by a quarter percentage point and penciled in an additional hike later this year

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The Federal Reserve has raised interest rates for the first time in three years, defying Trump's demand for a cut.

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Federal Reserve raises interest rates by a quarter of a percentage point, its first rate hike since 2023

Here is what changed in the new Fed statement under Warsh

Fed hikes interest rates for first time since 2023 in bid to tamp down inflation

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Federal Reserve raises interest rates for the first time in three years, a move by Chairman Kevin Warsh that could put him at odds with Trump

POLICY SHIFT

Fed makes interest rate decision it hasn't made since Biden presidency

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The Federal Reserve hikes its key interest rate for the first time in three years, defying President Trump's demand for a cut.

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The Federal Reserve raised interest rates for the first time since 2023, putting its leader at odds with President Trump.

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The Fed raised interest rates by 0.25 percentage points, the first hike since July 2023.

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American consumers could see higher interest rates on their debts, and some will benefit from higher returns on their savings accounts. The hike comes just days after President Donald Trump said the United States should have “the lowest interest rates in the world.”

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The Federal Reserve hikes interest rates for the first time in 3 years

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The Fed raises interest rates to battle inflation, defying Trump’s call for a cut

Fed approves interest rate hike, signals one more to come this year