Sourced fact
The News
The US Federal Reserve raised interest rates for the first time in three years, a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.
Analysis & context
Analysis & Context
Analytically, the decision to raise interest rates reflects the US Federal Reserve's concern about inflation and the health of the economy. The decision also highlights the tension between independent monetary policy and political pressures, as President Trump has continued to attack the Federal Reserve for its decisions.
