GlobalNews411

Comprehensive reporting, aggregated for speed.

allentown

Trump Blames Fed Board for Rate Hike Despite Appointees' Votes

President Trump accused the Federal Reserve board of raising interest rates against his wishes, even though three of its members are his appointees who voted for the increase.

Published Sep 17, 2026, 3:46 PM EDT | WFMZZ

President Donald Trump blamed the Federal Reserve board for raising interest rates against his wishes. The board he faulted includes three of his own appointees, all of whom voted for the increase.