US interest rates raised for first time in three years
Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.
Covered by 2 sources ·
Every side
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BBC News
Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.
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Al Jazeera
The 25 basis-point hike is the first raise in three years and comes before critical midterm elections in the US.