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Even a small Fed rate hike fuels big kick

Summary by Winona Daily News
In a unanimous 12-0 decision, the Federal Reserve raised its benchmark lending rate by a quarter of a percentage point, to a target range of 3.75 to 4%. In explaining the first interest rate hike in three years, Fed Chair…

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Even a small Fed rate hike fuels big kick

In a unanimous 12-0 decision, the Federal Reserve raised its benchmark lending rate by a quarter of a percentage point, to a target range of 3.75 to 4%. In explaining the first interest rate hike in three years, Fed Chair…

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Winona Daily News broke the news on Saturday, October 3, 2026.
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