The Federal Open Market Committee (FOMC) raised the main U.S. interest rate on federal funds by 75 basis points (0.75 percentage point), to a range between 3% and 3.25%, in line with expectations.
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The Federal Open Market Committee (FOMC) raised the main U.S. interest rate on federal funds by 75 basis points (0.75 percentage point), to a range between 3% and 3.25%, in line with expectations.