Fed Raises US Rates by a Quarter Point, Signaling Possible Pause

The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive tightening campaign since the 1980s as economic risks mount. From a report: "The committee will closely monitor incoming information and assess the implications for monetary policy," the Federal Open Market Committee said in a statement Wednesday. It omitted a line from its previous statement in March that said the committee "anticipates that some additional policy f