Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
- Posted on September 16, 2026
- By The Dallas Morning News
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- 1 min read
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Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White...