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

Name: Trump says interest rates should be at "1% or less" as Fed hikes them for first time since 2023
Uploaded: 2026-09-16T18:01:00-0400
Duration: 7 min 2 s
Description: 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.

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.