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Economy2:02 PM ET

Fed hikes interest rates for first time in three years in bid to tamp down inflation

The Federal Reserve on Wednesday hiked rates for the first time in three years, an effort to tamp down inflation that could put Chair Kevin Warsh at odds with President Trump as the midterms approach.

Republican Ledger staff · 2:02 PM ET

Fed hikes interest rates for first time in three years in bid to tamp down inflation
The Republican Ledger

Our newsroom is writing this report…

The Federal Reserve on Wednesday hiked rates for the first time in three years, an effort to tamp down inflation that could put Chair Kevin Warsh at odds with President Trump as the midterms approach.

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