Politics
Federal Reserve delivers unwelcome news to Trump
The Hill·September 16, 2026·1 min read
President Trump received unpleasant news on Wednesday after Federal Reserve Chair Kevin Warsh moved to raise interest rates despite the president’s calls for rates to come down. The Federal Reserve announced on Wednesday that it will hike interest rates by 0.25 percent to 4.0 percent, marking the first time the body has raised rates in three years.
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