Federal Reserve raises rates for first time since 2023; President Trump calls for cuts to 1% or lower
The U.S. Federal Reserve announced its first benchmark interest‑rate increase since 2023. Hours later, President Donald Trump publicly demanded that the Fed lower rates to 1% or below. No outlets reported disagreement on the facts of the hike or the President’s reaction.
First reported 6 hours ago · latest update 1 hour ago
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Fed Issues First Rate Hike Since 2023 - WSJ
Fed Issues First Rate Hike Since 2023 WSJ
6 hours ago‘1% or less’: Trump demands rate cut after US Fed raises interest rates for first time since 2023
US President Donald Trump has renewed his demand for sharply lower borrowing costs after the Federal Reserve raised its benchmark interest rate for the first time since 2023, putting fresh pressure on Fed Chair Kevin Warsh.
1 hour agoTrump demands 1% or lower interest rate after first Fed hike since 2023
President Donald Trump demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.
5 hours ago