Trump orders US Fed to cut interest rates to 1pc, ASX rebounds | Finance Report | ABC NEWS
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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. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-17/asx-markets-business-live-news-september-19-2026/107162296 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #ABCBusiness
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