ANSA Mondo1 hour agoBusiness1 min readItaly

The White House criticizes the Fed's decision to raise interest rates

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White House spokesman Kush Desai called the Federal Reserve's decision to raise interest rates 'unfortunate', saying the administration does not consider it supported by compelling economic reasons.

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The Federal Reserve has decided to raise interest rates, a decision that is drawing criticism from the US administration.

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An "unfortunate" decision. This was stated by White House spokesman Kush Desai when commenting on the increase in interest rates by the Fed. "The Fed's rather unfortunate decision to raise interest rates was not, from the administration's point of view, supported by particularly convincing economic reasons", he highlighted.

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What was the exact size of the rate increase decided by the Fed?
What are the Fed's forecasts for future interest rate movements?
How did the financial markets react to the announcement of the Fed's decision?

The White House criticizes the Fed's decision to raise interest rates

Quick Look

Why It Matters

Open Questions

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The White House criticizes the Fed's decision to raise interest rates

Quick Look

Why It Matters

Open Questions

Related Topics

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