The Federal Reserve has set a new target range by increasing its benchmark interest rate, marking its first hike since 2023. President Donald Trump has called for a substantial reduction in interest rates, advocating for lower borrowing costs given the country's robust credit status. However, officials have stated that ongoing inflation remains a significant factor driving this adjustment. More details🔗 Catch every update on the TOI App 👉 #FederalReserve# #FedRateHike# #USInterestRates# #InterestRates# #FederalReservePolicy# #Inflation# #USEconomy# #DonaldTrump#

Our latest #OnInvesting# podcast episode has dropped, on which @CollinMartinCS and I chat about markets, earnings, yields, and more; and Collin sits down with the always-brilliant @RichardClarida to chat about @federalreserve policy and the economy’s curious balancing act