9/16: The Takeout with Major Garrett
Summary
The Federal Reserve voted unanimously to raise interest rates. President Donald Trump campaigned for Republican Senate candidate Michael Whatley in North Carolina.Key Facts
- The Federal Reserve agreed to increase interest rates.
- The decision was unanimous among Federal Reserve members.
- Higher interest rates typically mean borrowing money becomes more expensive.
- President Trump is actively supporting Michael Whatley, a GOP Senate nominee.
- The campaign event took place in North Carolina.
- Michael Whatley is running for a Senate seat.
- The news was reported on CBS News on September 16.
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