The Fed unanimously agrees to hike interest rates for the first time since 2023, despite Trump’s call for the ‘lowest rates’ in the world
- Posted on September 16, 2026
- By Fortune
- 0 Views
- 1 min read
In brief
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The Fed unanimously agrees to hike interest rates for the first time since 2023, despite Trump’s call for the ‘lowest rates’ in the world
Inflation has been above 2% for five years. The Fed just decided that was long enough.
