Federal Reserve hikes interest rates despite criticism from Trump The Federal Reserve raised interest rates for the fourth time this year — putting them at their highest level since 2008. The increase came two days after President Donald Trump tweeted that it was “incredible that with a very strong dollar and virtually no inflation… the Fed [was] even considering yet another interest rate hike.” The benchmark federal funds rate now stands between 2.25 percent and 2.5 […]
source https://therealdeal.com/2018/12/21/national-cheat-sheet-fed-hikes-interest-rates-despite-trumps-complaints-softbank-halts-plans-to-buy-big-wework-stake-more/
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