The U.S. Federal Reserve raised its benchmark interest rate by 0.25 percentage point in a unanimous 12-0 decision, taking the target range to 3.75%-4.00% for the first increase in three years and two months since July 2023. The Fed's dot plot (official rate projections) placed the median year-end rate at 4.125%, leaving room for another increase at the October and December meetings. The move came as international oil prices and inflation pressures rose, with the Bank of Japan also expected to raise rates after the Bank of Korea's increase last month. The 10-year Treasury yield briefly reached 5.027% before retreating to 4.99% on the 17th, ending eight consecutive sessions of gains. Federal Reserve Chair Kevin Warsh attributed elevated long-term yields to stronger-than-expected economic growth, funding competition among hyperscalers, and geopolitical conflicts. A separate U.S. House bill would permit tariffs of up to 100% on imports from countries buying Russian oil and natural gas, potentially affecting China, India and Turkey if enacted. The briefing also covers Huawei's accelerated AI-chip rollout, stock-market performance during previous rate-hike cycles, and warnings that leveraged ETFs should be managed with predefined loss limits and exit points.