World3h ago
US interest rate hike sparks Trump backlash
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.
This story was originally reported by France 24. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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