US interest rate hike sparks Trump backlash
Direct Source Verification:
This story is aggregated from France 24 (france24.com). Full reporting rights and copyright belong to the primary publisher.
The US Federal Reserve has raised interest rates for the first time since 2023, citing stubborn inflation despite pressure from President Donald Trump to cut borrowing costs. The decision prompted an immediate rebuke from Trump, while Fed Chair Kevin Warsh defended the central ba...
The US Federal Reserve has raised interest rates for the first time since 2023, citing stubborn inflation despite pressure from President Donald Trump to cut borrowing costs. The decision prompted an immediate rebuke from Trump, while Fed Chair Kevin Warsh defended the central bank's independence and warned that inflation remains the priority.
Original Source
https://www.france24.com/en/us-interest-rate-hike-sparks-trump-backlash
