The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White House.

The Federal Reserve on Wednesday raised its benchmark interest rates for the first time since 2023, in a move aimed at slowing inflation.

The U.S. Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White House.

The U.S. House has voted again to end the war in Iran, approving a war powers resolution that would halt President Donald Trump’s ability to continue military action without congressional

Live updates and the latest news on the Trump administration as the Federal Reserve is expected to decide whether to raise interest rates.