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American consumers could see higher interest rates on their debts, and some will benefit from higher returns on their savings accounts. The hike comes just days after President Donald Trump said the United States should have “the lowest interest rates in the world.”

Federal Reserve policymakers voted to raise the benchmark interest rate just days after President Donald Trump said the United States should have \

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Fed raises interest rates for first time since 2023, defying Trump as inflation mounts

In unanimous vote, House committee holds billionaire Leon Black in contempt for defying subpoenas in Epstein investigation

Trump's Chief of Staff Susie Wiles declares she's cancer-free

The House holds billionaire Leon Black in contempt of Congress for defying subpoenas in Epstein investigation.

White House chief of staff Susie Wiles says she's cancer-free after being diagnosed with breast cancer in March.

White House chief of staff Susie Wiles announces she is cancer-free following early-stage breast cancer treatment

White House Chief of Staff Susie Wiles says she's cancer free

The US Navy's Iran blockade has cost more than $7.1 billion and is draining American military power elsewhere

Lena Dunham reveals her first words to her baby born by surrogate after heartbreak endometriosis diagnosis

Friend of late Army vet says 'his entire life was in service to others'

White House chief of staff Susie Wiles had a medical procedure this week related to her breast cancer diagnosis.

NOW: Fed Chair Warsh holds press conference after first rate hike since 2023