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US interest rate hike sparks Trump backlash

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 interest rate hike sparks Trump backlash

We haven't written up this one. France 24 has the full story — the link below goes straight to it.

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