{
  "id": 7908171,
  "title": "Trump demands lower interest rates after Fed decision",
  "url": "https://urgent.news/2026/09/16/trump-demands-lower-interest-rates-after-fed-decision",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T21:23:37.000Z",
  "source": {
    "name": "Axios",
    "slug": "axios",
    "url": "https://www.axios.com/2026/09/16/trump-fed-interest-rates-lower-call"
  },
  "original_language": "en",
  "account": "President Trump reacted to the Federal Reserve's decision to raise interest rates for the first time in three years by demanding that they be lowered swiftly. This move puts him in direct conflict with the newly appointed Federal Reserve chair, Kevin Warsh, whom he appointed to lead the central bank.\n\nThe Federal Reserve increased its target interest rate by a quarter percentage point, setting it within a range of 3.75% to 4%. According to Fed projections, 12 of the 18 officials anticipate another rate hike this year, while four foresee two additional hikes.\n\nIn a statement on Truth Social, Trump expressed his belief that interest rates in the United States should be as low as 1%, if not lower. He argued that the country is thriving with new investments and that reducing trade deficits with deficit nations could generate an additional $1.5 trillion annually. He emphasized that the term \"deficit\" simply means loss and that the United States is supporting nearly every country worldwide, which cannot continue indefinitely.\n\nTrump urged for a reduction in interest rates for the United States of America, emphasizing the need for swift action. The situation highlights a notable divergence between Trump's stance and the Federal Reserve's decision, particularly with Kevin Warsh now at the helm of the central bank.",
  "summary": "President Trump responded to the Federal Reserve raising interest rates for the first time in three years by saying they should be lowered — \"AND FAST!\" Why it matters: The rate hike immediately puts Trump at odds with the central bank under new Fed chair Kevin Warsh , whom he picked to lead it. By the numbers: The Fed raised its target interest rate by a quarter percentage point, to a range of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Now that the Fed raised rates, where to score the best yields on your cash",
        "url": "https://urgent.news/2026/09/16/now-that-the-fed-raised-rates-where-to-score-the-best-yields-on-your",
        "published": "2026-09-16T19:39:33.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "US Fed chair Kevin Warsh explains why the Federal Reserve raised interest rates",
        "url": "https://urgent.news/2026/09/16/us-fed-chair-kevin-warsh-explains-why-the-federal-reserve-raised",
        "published": "2026-09-16T19:43:14.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Trump demands 1% rates hours after the Fed raised them",
        "url": "https://urgent.news/2026/09/16/trump-demands-1-rates-hours-after-the-fed-raised-them",
        "published": "2026-09-16T21:04:26.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "Fed raises rates as Trump faces higher borrowing costs",
        "url": "https://urgent.news/2026/09/16/fed-raises-rates-as-trump-faces-higher-borrowing-costs",
        "published": "2026-09-16T21:25:00.000Z"
      },
      {
        "outlet": "WSJ Economy",
        "title": "President Trump said he was standing by Federal Reserve Chairman Kevin Warsh and that he spoke to him just before the central bank unanimously voted to raise interest rates",
        "url": "https://urgent.news/2026/09/16/president-trump-said-he-was-standing-by-federal-reserve-chairman",
        "published": "2026-09-16T23:16:00.000Z"
      },
      {
        "outlet": "BBC News",
        "title": "Why Trump's hand-picked Fed chair defied him by raising interest rates",
        "url": "https://urgent.news/2026/09/17/why-trumps-hand-picked-fed-chair-defied-him-by-raising-interest-rates",
        "published": "2026-09-17T00:38:50.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "US Fed raises interest rates for first time since 2023, Trump sees move as personal attack",
        "url": "https://urgent.news/2026/09/17/us-fed-raises-interest-rates-for-first-time-since-2023-trump-sees",
        "published": "2026-09-17T00:45:52.000Z"
      },
      {
        "outlet": "Live Mint",
        "title": "‘1% or less’: Trump demands rate cut after US Fed raises interest rates for first time since 2023",
        "url": "https://urgent.news/2026/09/17/1-or-less-trump-demands-rate-cut-after-us-fed-raises-interest-rates",
        "published": "2026-09-17T01:45:21.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}