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Federal Reserve

White House's Kush Desai Speaking With Fox News Says Fed Rate Hike Is 'Rather Unfortunate'

Sep 16, 2026 · 03:09 PM ET· updated 1h ago

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Why It Matters

A White House official said the Fed raising interest rates is disappointing. When rates go up, borrowing money costs more for people and companies.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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