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US stocks fluctuated higher on Wednesday after the Federal Reserve raised its key interest rate for the first time in more than three years.⁣ ⁣ The Fed said the unanimous decision was aimed at tackling persistent inflation, which has been fueled by rising crude oil prices during the U.S.-Israeli conflict with Iran.⁣ ⁣ The central bank indicated that further rate increases were likely as it seeks to bring inflation down more quickly.⁣ ⁣ U.S. President Donald Trump criticized the move on social media, saying interest rates should be 1 percent or lower.⁣ ⁣ “LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!” Trump wrote on Truth Social.⁣ ⁣ #WallStreet #FederalReserve #InterestRates #Inflation #DonaldTrump
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