World13h ago
US Fed hikes interest rates to curb inflation in move likely to rile Trump
The US economy has been dealing with years of higher-than-target inflation, and prices have surged in the wake of Mr Trump's war on Iran, his signature tariff policies and the ongoing AI boom.
This story was originally reported by ABC News Australia. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
ALSO REPORTED BY OTHER SOURCES (3)
US hikes interest rates - to Trump's annoyance
Most stocks rise as Fed hikes and indicates drive to curb inflation
Indian bonds dip as Fed move seen as final straw pushing RBI toward hikes
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