Fed raises rates despite Trump pressure, signals another hike likely in 2026
- Posted on September 16, 2026
- By Business News Today
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- 1 min read
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Fed raises rates despite Trump pressure, signals another hike likely in 2026
In a bid to tackle ongoing inflation, the US Federal Reserve has raised interest rates by twenty-five basis points. Policymakers are predicting at least one additional hike in the upcoming months. As inflation affects various sectors, the Fed is working towards achieving its two percent goal. This move is likely to generate discontent from President Donald Trump.
