EconomyUS Federal Reserve defies Trump with interest rate hike
The US Federal Reserve has raised its key interest rate for the first time in three years in an effort to reduce high inflation. The decision could set up a confrontation between Chair Kevin Warsh and President Donald Trump, who has repeatedly urged the central bank to cut rates. The programme also covers France extending fuel subsidies and Hong Kong aligning with Beijing’s economic vision.
US Federal Reserve defies Trump with interest rate hike
Economy