
Fed Raises Rates a Quarter Point; Trump Demands Cuts and Says U.S. Credit Merits 1%
By Tommy Flynn
The Federal Open Market Committee voted 12–0 on Wednesday to raise the federal funds target by a quarter percentage point, to a range of 3.75 percent to 4 percent, the first increase since July 2023 and the first rate move in either direction since a cut in December 2025. The...



























