Trump says interest rates should be at "1% or less" as Fed hikes them for first time since 2023

Trump says interest rates should be at "1% or less" as Fed hikes them for first time since 2023

The Federal Reserve boosted interest rates for the first time since July 2023 on Wednesday. CBS News' Richard Escobedo and Natalie Brand have the details.

Read the full story at cbsnews.com

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