Fed hikes by 0.25% in additional downshift on tightening, but sees more hikes ahead
© Reuters By Yasin Ebrahim Investing.com — The Federal Reserve raised interest rates by 0.25% on Wednesday, and signaled a need to push monetary policy further into restrictive territory as the central bank looks to make up further ground in its battle against inflation. The Federal Open Market Committee, the FOMC, raised its benchmark rate