Former President Donald Trump voiced sharp criticism following the Federal Reserve’s latest decision to increase interest rates. Trump warned that the move could stifle economic growth and worsen inflation pressures, urging policymakers to reconsider their aggressive monetary tightening strategy. Highlighting the risks of reduced consumer spending and sluggish business investment, he claimed the Fed’s approach could derail the recovery effort amid persistent uncertainty in global markets.

The latest hike marks the seventh increase in a year, as the Fed battles soaring inflation rates that hit multi-decade highs. Economic analysts remain divided about the long-term impact, debating whether higher borrowing costs will temper price surges or tip the economy into recession. Below is a snapshot of recent Fed actions and economic…