After weeks of stock market turbulence, the Federal Reserve has opted to raise interest rates by 0.25 percent, it announced Wednesday.
Wednesday's hike from 2.25 to 2.5 percent was expected, and was thought to be one reason markets have dropped for the past month. It also flies in the face of President Trump, who pushed the Fed to let things be amid "a very strong dollar and virtually no inflation" in a Monday tweet.
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