Morning news brief

The Federal Reserve has decided to hike interest rates for the first time in three years, aiming to combat inflation and stabilize the economy. Around the globe, citizens are taking to the streets to protest surging gas prices, highlighting the economic strain on everyday life. Meanwhile, Canada's prime minister addressed the European Parliament, emphasizing the need for stronger international cooperation on economic and environmental challenges. This trio of events underscores the complex economic landscape and the global ramifications of national policy decisions.