Fed defies Trump, raises US interest rates for first time in three years
The move was widely expected amid persistently high inflation driven by the Iran war and rising oil prices – but the decision risks enraging the US president, who has demanded rates be lowered.
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4 reports · 4 sources
The AgeFed defies Trump, raises US interest rates for first time in three yearsSydney Morning HeraldFed defies Trump, raises US interest rates for first time in three yearsThe AgeFed defies Trump, raises US interest rates for first time in three yearsSydney Morning HeraldFed defies Trump, raises US interest rates for first time in three years25 recorded states
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