Fed defies Trump, raises US interest rates for first time in three years
The move was widely expected amid persistently high inflation driven by the Iran war and rising oil prices – but the decision risks enraging the US president, who has demanded rates be lowered.
Published Sep 16, 2026 · 5:30 PMOriginal source: Brisbane Times - Latest News13 reads
The move was widely expected amid persistently high inflation driven by the Iran war and rising oil prices – but the decision risks enraging the US president, who has demanded rates be lowered.
ORIGINAL SOURCE
Brisbane Times - Latest News
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