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US interest rate hike sparks Trump backlash • FRANCE 24 English

The US Federal Reserve has raised interest rates for the first time since 2023, citing stubborn inflation despite pressure from President Donald Trump to cut borrowing costs. The decision prompted an immediate rebuke from Trump, while Fed Chair Kevin Warsh defended the central bank's independence and warned that inflation remains the priority. #US #Fed #Trump 🔔 Subscribe to France 24 now: https://f24.my/YTen 🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN 🌍 Read the latest International News and Top Stories: https://www.france24.com/en/ Like us on Facebook: https://f24.my/FBen Follow us on X: https://f24.my/Xen Bluesky: https://f24.my/BSen and Threads: https://f24.my/THen Browse the news in pictures on Instagram: https://f24.my/IGen Discover our TikTok videos: https://f24.my/TKen Get the latest top stories on Telegram: https://f24.my/TGen

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The US Federal Reserve has raised interest rates for the first time since 2023, citing stubborn inflation despite pressure from President Donald Trump to cut borrowing costs. The decision prompted an immediate rebuke from Trump, while Fed Chair Kevin Warsh defended the central bank's independence and warned that inflation remains the priority. #US #Fed #Trump 🔔 Subscribe to France 24 now: https://f24.my/YTen 🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN 🌍 Read the latest International News and Top Stories: https://www.france24.com/en/ Like us on Facebook: https://f24.my/FBen Follow us on X: https://f24.my/Xen Bluesky: https://f24.my/BSen and Threads: https://f24.my/THen Browse the news in pictures on Instagram: https://f24.my/IGen Discover our TikTok videos: https://f24.my/TKen Get the latest top stories on Telegram: https://f24.my/TGen

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