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Federal Reserve hikes key rate to tackle ‘too high’ inflation, defying Trump demands for cut

|Middle East, Iran|1 independent sources

Published by WarSignal Editorial · Last updated

Chairperson Warsh said renewed U.S.-Iran combat, which has driven up gas prices, also convinced officials to support rate hikes; President Trump reacted angrily to the decision, renewing his call for the Fed to lower interest rates “AND FAST”

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unverifiedUnverified — single source, not yet confirmed This event has been confirmed by 1 independent sources.

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Federal Reserve hikes key rate to tackle ‘too high’ inflation, defying Trump demands for cut | WarSignal