The Latest: Federal Reserve defies Trump, hikes key interest rate for first time in 3 years

The Federal Reserve has raised its benchmark interest rate for the first time since 2023 to address high inflation
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Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7%
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Japan's Prime Minister Sanae Takaichi has reshuffled her Cabinet to boost her waning popularity while retaining key ministers
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Danny Brière does have fears of a step back, but more faith that the young core of Porter Martone, Denver Barkey, and Alex Bump won't let that happen.