‘We're the best credit’: Trump calls for lower US interest rates after first Fed hike in 3 years

Sep 17, 2026 - 05:30
‘We're the best credit’: Trump calls for lower US interest rates after first Fed hike in 3 years

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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.

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