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The Times of India

Top News / The Times of India

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Were the best credit: Trump fumes after 1st Fed rate hike in over 3 yrs

The Federal Reserve has set a new target range by increasing its benchmark interest rate, marking its first hike since 2023. President Donald Trump has called for a substantial reduction in interest rates, advocating for lower borrowing costs given the country's robust credit status. However, officials have stated that ongoing inflation remains a significant factor driving this adjustment.

17 Sep 2026 2:43 am