S Bhinder

My name is S. Bhinder, and I am the founder of Khabar 24x12, an independent digital news website dedicated to providing accurate, unbiased, and timely news. I have a strong interest in journalism and public awareness. Through Khabar 24x12, my aim is to cover national and international news, politics, sports, entertainment, business, and social issues. I focus on presenting facts in a clear and simple manner so readers can easily understand the news. I am committed to ethical journalism, transparency, and delivering trustworthy information to my audience.

federal reserve raises interest rates amid inflation concerns

Federal Reserve Raises Interest Rates Amid Inflation Concerns

The Federal Reserve has increased US interest rates for the first time in over three years to combat persistent inflation, despite President Trump’s opposition. This move aims to stabilize prices by making borrowing more costly, although it might lead to higher debt for Americans. The Fed suggests further rate hikes may occur, with a long-term goal of reducing inflation to their target by 2029.

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