Fed Hikes Rates by 0.25% as Inflation Remains High

The Federal Reserve’s policy‑making committee lifted the key interest rate by a quarter of a percentage point. The move was announced by Fed official Warsh, who said inflation is still too high for the economy. Jim Cramer warned that buying stocks now means fighting the Federal Reserve’s tighter stance. U.S. stock markets fell after the announcement, with the Dow Jones Industrial Average slipping. President Trump expressed anger over the rate increase. Technology shares such as AMD and Bloom saw buying interest despite the broader sell‑off. Analysts noted the hike aims to curb price growth but may slow growth in the short term.