US Federal Reserve hikes interest rates for the first time in three years

Business

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BUSINESS
Cover image: BUSINESS © FRANCE 24
From the show
Business
Reading time 1 min

The US central bank raised its benchmark rate by .25 percent, with new Fed Chair Kevin Warsh defying President Donald Trump's desire for lower rates. Consumer banks and bond markets react. Also, OpenAI reveals new incidents of AI misconduct as fears grow that the technology could escape human control.