At this point, it’s hard to come up with a new angle on what the Fed means to do this afternoon, to conclude its monetary policy decision at 2pm ET today following a two-day meeting of the Federal ...

The Federal Reserve today raised the Fed funds interest rate 75 basis points (bps), to a new level of 1.50-1.75% — the highest we’ve seen since the Fed cut rates to near-zero upon the dawn of the ...