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WorldPingBBC News
US interest rates raised for first time in three years
Rates 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
US Federal Reserve hikes interest rates for the first time in three years
WorldPingWhat happened
The US central bank raised its benchmark rate by .25 percent, with new Fed Chair Kevin Warsh defying President Donald Trump's desire for lower rates.
Consumer banks and bond markets react.
Key facts
- The US central bank raised its benchmark rate by .25 percent, with new Fed Chair Kevin Warsh defying President Donald Trump's desire for lower rates.
- Reported by France 24 and published Thu, 17 Sep 2026 09:08:23 UTC.
Why it matters
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What to watch next
- Official statements or denials from the governments named
- Whether other major newsrooms confirm the same details
- Any follow-up decision, vote or deadline tied to the event
Coverage timeline
When each newsroom published on this story, oldest first — all times UTC.
Trump says he still has confidence in Fed Chair Warsh, demands 1% or lower interest rates
Federal Reserve hikes key rate to tackle ‘too high’ inflation, defying Trump demands for cut
US Federal Reserve hikes interest rates for the first time in three years
Bank of England expected to keep interest rates unchanged despite rising inflation
Sources
The original report was published by France 24. WorldPing does not claim that reporting — this page summarises and contextualises it.
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