# Federal Reserve raises key rate for first time in three years, defying Trump’s call for a cut

https://mins.news/en/item/61456

- The Associated Press, 2026-09-16 18:07 UTC
- Economy
- Original: https://bit.ly/4AdR3II

> The Federal Reserve raised its key interest rate for the first time in three years, going against President Donald Trump’s demand for a cut or no change. Chair Kevin Warsh is caught between markets expecting a hike and the president’s opposing pressure.

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