Categories: BUSINESS

‘We’re the best credit’: Trump calls for lower US interest rates after first Fed hike in 3 years

The Federal Reserve has set a new target range by increasing its benchmark interest rate, marking its first hike since 2023. President Donald Trump has called for a substantial reduction in interest rates, advocating for lower borrowing costs given the country’s robust credit status. However, officials have stated that ongoing inflation remains a significant factor driving this adjustment.
Sumitra

Share
Published by
Sumitra
3 hours ago

Recent Posts

After Senate, US House passes Russia sanctions bill; 100% tariff threat looms for India

The US House has successfully passed a sanctions bill aimed at Russian officials and the…

3 hours ago

India’s exports to US, China surge in August amid stronger global trade

India's merchandise exports to the US and China saw significant growth in August. Shipments to…

1 day ago

His flat faced water leaks for 8 years; court orders neighbour to allow repairs

This water leakage problem between two neighbours in a housing society turned into an eight-year…

1 day ago

4 buyers paid Rs 2.08 crore each for flats, but pool, spa, gym missing; RERA orders Rs 10 lakh

A reputed builder has been asked to pay Rs 10 lakh compensation to four homebuyers…

2 days ago

Stocks to buy: What’s the outlook for Nifty for September 15-September 18 week? Check list of top stock recommendations

Stock market recommendations: Emcure Pharmaceuticals, and VA Tech Wabag are the top stocks to buy…

2 days ago

IPO set to unlock value in group cos holding Tata Sons stake

3 days ago