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US Fed raises rates to tackle ‘too high’ inflation in move sure to rile Trump

Arab News

BusinessArab News·Sep 16, 2026·1 min read

US Fed raises rates to tackle ‘too high’ inflation in move sure to rile Trump

WASHINGTON, United States: The US Federal Reserve on Wednesday raised interest rates for the first time since 2023, defying President Donald Trump’s demand for cuts, as central bank chief Kevin Warsh stressed the need to combat inflation…

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