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Trump blasts interest rate uptick and claims US is doing so well that rates ‘should be 1%, or less’ – live

16 Sep 2026, 21:52 GMT By Robert Mackey (now); Shrai Popat, Lucy Campbell and Tom Ambrose (earlier)
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Photo Trump blasts interest rate uptick and claims US is doing so well that rates ‘should be 1%, or less’ – live
Credit: Robert Mackey (now); Shrai Popat, Lucy Campbell and Tom Ambrose (earlier)

President’s criticism comes after Federal Reserve chair Kevin Warsh announced quarter-percent increase – the first since July 2023 Sign up for the US Breaking News email US Federal Reserve raises interest rates for the first time since 2023 Reader Q&A: how united are the Democrats ahead of the US midterms? Later today, my colleagues and I will be hosting a live Q&A all about how united the Democratic party is ahead of the November midterms. We’ll be digging into who are the Democrats running in the upcoming election and where they stand. Continue reading...