The FOMC raised rates by 25 basis points to a 3.75-4% range overnight, its first hike since January 2023, in a unanimous 12-nil vote that saw Chair Kevin Warsh side with the broader Committee despite the potential for political pushback
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The FOMC raised rates by 25 basis points to a 3.75-4% range overnight, its first hike since January 2023, in a unanimous 12-nil vote that saw Chair Kevin Warsh side with the broader Committee despite the potential for political pushback
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