Fed raised rates by 25 bps to 3.75%-4.00%
In short
The Federal Open Market Committee unanimously raised rates by 25 basis points at its previous meeting. That took the target range to 3.75% to 4.00%.
This matters because US rates can move gold and financial markets. The report does not say what the next decision will be or how markets reacted.
What the reporting says
The Federal Open Market Committee unanimously approved a 25-basis-point increase at its previous meeting, taking the target interest rate range to 3.75% to 4.00%. The publisher-supplied summary frames the decision as relevant for gold and markets, but it does not state the timing of the current meeting or any new decision. The immediate consequence is a higher policy rate range; later market effects are not stated.
Why it matters
The Federal Open Market Committee unanimously approved a 25-basis-point increase at its previous meeting, lifting the target interest rate range to 3.75% to 4.00%. The summary says the meeting and Kevin Warsh’s speech are being watched for their market impact, especially on gold and broader markets. The reporting does not state any new decision from the current session or a specific market reaction.