The Federal Reserve raises interest rates by 0.25% putting the benchmark rate between 4.5% and 4.75%. That’s the highest rate since 2007, but it’s the smallest rate increase in almost a year.
Gaetz Announces He Won’t Return To Congress Next Year
Florida Representative Matt Gaetz , who withdrew from consideration as President-elect Donald Trump’s pick for Attorney General on Thursday, said on Friday that he will not be rejoining Congress next year.