US raises benchmark interest rate by 0.25%p, first tightening in 3 years... hints at further hikes within the year (Summary)

The U.S. central bank, the Federal Reserve (Fed), has raised the benchmark interest rate by 0.25 percentage points (p) to an annual range of 3.75–4.00%. It also hinted at the possibility of additional hikes within the year.
The Fed announced on the 16th (local time) that this decision was made following the results of the Federal Open Market Committee (FOMC) meeting held for two days in Washington, D.C. This marks the first monetary tightening measure in 3 years and 2 months since July 2023.
US benchmark interest rate raised by 0.25%p, tightening for the first time in 3 years... hints at further hikes within the year (Summary)n.news.naver.comAll 12 FOMC members unanimously decided on the hike... the median interest rate was raised to 4.1%, suggesting a judgment that the surge in oil prices prior to the Iran war stimulated inflation... US growth forecast raised to 2.3% Correspondent Hong Jeong-gyu = The U.S. central bank, the Federal Reserve (Fed), benchmark interest rate