EconomyFed raises rates for first time since 2023 in unanimous vote defying Trump

Name: Fed raises rates for first time since 2023 in unanimous vote defying Trump
Uploaded: 2026-09-16T20:09:55.000Z
Description: The Federal Reserve lifted its benchmark interest rate by a quarter point to 3.75%-4%, marking its first increase since July 2023. The unanimous 12-0 decision puts Chair Kevin Warsh directly at odds with US President Donald Trump, who appointed him.

The Federal Reserve lifted its benchmark interest rate by a quarter point to 3.75%-4%, marking its first increase since July 2023. The unanimous 12-0 decision puts Chair Kevin Warsh directly at odds with US President Donald Trump, who appointed him.

euronews 2026-09-16 20:09