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France 24

Business

Bryan QUINN

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

US Federal Reserve United States Donald Trump Kevin Warsh OpenAI

Cover image: BUSINESS © FRANCE 24

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.

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