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Latest

Trump says interest rates should be at "1% or less" as Fed hikes them for first time since 2023

CBS News · September 16, 2026 at 7:22 PM

Trump says interest rates should be at "1% or less" as Fed hikes them for first time since 2023

The Federal Reserve boosted interest rates for the first time since July 2023 on Wednesday.

CBS News' Richard Escobedo and Natalie Brand have the details.

Read the full article on CBS News ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbsnews.com — the content belongs to CBS News.

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