Fed meeting live updates: Anticipation builds with Fed expected to hike interest rates for first time in 3 years - Yahoo Finance — SkimNews
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- The Federal Reserve is expected to hike interest rates for the first time in three years (since 2023), according to Yahoo Finance's live coverage of the meeting.
- Kevin Warsh is set for a showdown with Trump as the Fed faces pressure to raise rates, per the New York Times headline.
Why it matters: The widely expected hike would end a three-year pause in Fed rate increases, directly affecting borrowing costs for consumers and businesses, while the reported Warsh-Trump clash surfaces political friction around the decision.
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