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The Fed approved the first interest rate hike in 3 years and signaled rates might go up again — testing Trump’s relationship to Fed Chair Kevin Warsh
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Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
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The Federal Reserve unanimously raised interest rates by a quarter percentage point and penciled in an additional hike later this year
⚡ Breaking News
The Federal Reserve has raised interest rates for the first time in three years, defying Trump's demand for a cut.
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Federal Reserve raises interest rates by a quarter of a percentage point, its first rate hike since 2023
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Federal Reserve raises interest rates for the first time in three years, a move by Chairman Kevin Warsh that could put him at odds with Trump
Breaking News
The Federal Reserve hikes its key interest rate for the first time in three years, defying President Trump's demand for a cut.
Breaking News
The Federal Reserve raised interest rates for the first time since 2023, putting its leader at odds with President Trump.
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The Fed raised interest rates by 0.25 percentage points, the first hike since July 2023.
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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.”
