WorldPingUS Federal Reserve raises interest rates for the first time since 2023
Trump urges lower rates after central bank agrees increase by quarter-percentage point to range of 3.
Brief by WorldPing · Original reporting by The Guardian
WorldPingForecasts of further rises in the inflation rate mean some analysts expect the Bank to act by the end of the year.
Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.
When each newsroom published on this story, oldest first — all times UTC.
US Federal Reserve raises interest rates for the first time since 2023
Interest rates hold expected but Bank of England facing tough choices
The original report was published by BBC Business. WorldPing does not claim that reporting — this page summarises and contextualises it.
Read the full report at BBC BusinessLiving hubs that keep updating as this story develops.
WorldPingTrump urges lower rates after central bank agrees increase by quarter-percentage point to range of 3.
Brief by WorldPing · Original reporting by The Guardian
WorldPingRates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.
Brief by WorldPing · Original reporting by BBC News
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
Brief by WorldPing · Original reporting by CNBC World
WorldPingTrump says the U.S. should stop trading with most other countries in the world.
Brief by WorldPing · Original reporting by Gizmodo
The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.
Brief by WorldPing · Original reporting by Al Jazeera
WorldPingIt's not so much where people live, but where they frequently spend their time, that can provide useful information for predicting community health measures.
Brief by WorldPing · Original reporting by Phys.org