Trump orders US Fed to cut interest rates to 1pc, ASX rebounds | Finance Report | ABC NEWS

US President Donald Trump is not happy about the Federal Reserve's decision to lift America's interest rates for the first time in three years.
He complained on social media afterwards that: "Interest rates in the United States should be 1%, or less".
But lowering rates when inflation is too high would cause cost of living pressures to worsen.
Meanwhile, the Australian share market continues to bounce back from its three-month low.

Presented by David Chau.

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Read more here: https://www.abc.net.au/news/2026-09-17/asx-markets-business-live-news-september-19-2026/107162296

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