Fed Raises Rates to 4% With Another Hike Possible

The Federal Reserve unanimously raised its benchmark interest rate by 25 basis points to a range of 3.75% to 4%, citing elevated inflation and solid economic activity.

One America’s Chief White House Correspondent Daniel Baldwin reports live from the White House on the Fed’s decision, the latest dot plot and the possibility of another rate hike before the end of the year.

Baldwin also examines President Donald Trump’s criticism of the Fed and the potential impact of the Middle East conflict on inflation.

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