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

https://mins.news/en/video/61618

- euronews, 2026-09-16 20:09 UTC
- Economy
- Original: https://www.youtube.com/watch?v=5-cvX08MTQs

> 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.

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