France 24

US interest rate hike sparks Trump backlash

US interest rate hike sparks Trump backlashWorldPing

The US Federal Reserve has raised interest rates for the first time since 2023, citing stubborn inflation despite pressure from President Donald Trump to cut borrowing costs.

This is a short WorldPing brief. The full report was published by France 24.

Read the full report at France 24

More coverage: all world news on WorldPing.

Related news

Brazil election: Lula vows to stand up to TrumpWorldPing
France 24

Brazil election: Lula vows to stand up to Trump

Brazilian President Lula says he will confront President Donald Trump at the UN in New York, accusing him of interfering in Brazil's election as tensions between Washington and Brasília deepen.

Brief by WorldPing · Original reporting by France 24