The Federal Reserve increased interest rates for the first time in over three years. Policymakers anticipate at least one more quarter-percentage-point hike by year-end. Shorter-dated U.S. Treasury yields rose after the rate hike announcement. Market bets on a future rate increase at the next meeting ticked higher. Inflation expectations for the next decade remained around 2.3 percent.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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