{
  "id": 7924752,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T01:45:21.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/us-news/1-or-less-trump-demands-rate-cut-after-us-fed-raises-interest-rates-for-first-time-since-2023-11789608846754.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "US President Donald Trump has called for a dramatic reduction in interest rates, following the Federal Reserve's decision to increase borrowing costs for the first time in over three years. In a social media post, Trump advocated for interest rates to be reduced to \"1%, or less,\" citing strong credit credentials and the American economy's ability to attract investment. The Federal Reserve raised its benchmark federal funds rate by 25 basis points to a range of 3.75% to 4%, marking the first increase since July 2023. The Fed's move aimed to combat persistent inflationary pressures, with officials emphasizing that inflation remained too high despite resilient economic activity and a stable labor market. While Trump advocates for lower rates to stimulate the economy, the Fed maintains that controlling inflation is essential for long-term stability. The central bank's decision has put it at odds with Trump's repeated calls for cheaper borrowing and highlights the challenges policymakers face in balancing economic growth with inflation control.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "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": "Axios",
        "title": "Trump demands lower interest rates after Fed decision",
        "url": "https://urgent.news/2026/09/16/trump-demands-lower-interest-rates-after-fed-decision",
        "published": "2026-09-16T21:23:37.000Z"
      },
      {
        "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": "Bangkok Post Business",
        "title": "Fed raises US rates to tackle ‘too high’ inflation, irking Trump",
        "url": "https://urgent.news/2026/09/17/fed-raises-us-rates-to-tackle-too-high-inflation-irking-trump",
        "published": "2026-09-17T00:45:00.000Z"
      },
      {
        "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"
      }
    ]
  },
  "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."
}