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Fed’s unanimous 25-basis-point rate hike draws attention from ECB’s Olli Rehn

  • Olli Rehn highlighted the Federal Reserve’s unanimous 25-basis-point rate increase.
  • The Federal Open Market Committee voted 12-0 on the increase.
  • The hike was the Federal Reserve’s first in three years.

European Central Bank Governing Council member Olli Rehn emphasized the significance of the Federal Reserve’s unanimous decision to raise interest rates by 25 basis points. He said the complete consensus among policymakers was critically important when assessing the move. The Federal Open Market Committee voted 12-0, marking the Federal Reserve’s first rate increase in three years and underscoring alignment within the U.S. central bank as it adjusts monetary policy.

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Fed’s unanimous 25-basis-point rate hike draws attention from ECB’s Olli Rehn - CoinPost Terminal