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Fed raises interest rates, signals further tightening ahead

WASHINGTON >> The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new U.S. central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation.

Fed raises interest rates, signals further tightening ahead

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WASHINGTON >> The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new U.S.

central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation.

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WASHINGTON >> The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new U.S. central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation.

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