Business News Update — June 13, 2026 6 PM Eastern

Clockwise Business News — Federal Reserve unexpectedly raised its benchmark interest rate by 50 basis points. This is Clockwise business news, 6 PM Eastern. The Federal Open Market Committee cited persistent inflationary pressures as the reason for the surprise move. Markets reacted with immediate volatility following the announcement. Analysts suggest this aggressive stance indicates the Fed's strong commitment to price stability.

Episode metadata supplied by the publisher feed · Published Jun 13, 2026

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Business News Update — June 13, 2026 6 PM Eastern

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