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    Federal Reserve delivers unwelcome news to Trump

    The Hill
    September 16, 2026
    via The Hill

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    Federal Reserve delivers unwelcome news to Trump

    President Trump received unpleasant news on Wednesday after Federal Reserve Chair Kevin Warsh moved to raise interest rates despite the president's calls for rates to come down. The Federal Reserve announced on Wednesday that it will hike interest rates by 0.25 percent to 4.0 percent, marking the f

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