Trump Targets Low Interest Rates Amid Fed Hike

The Federal Reserve raised its benchmark interest rate to 3.75% to 4.00%, and President Trump reacted by stating that interest rates should be at or below 1%. This comes as a quarter-point increase was implemented, bringing the target range up from 3.5% to 3.75%. According to WalletHub, nearly half of Americans prefer living in suburbs over urban areas or rural communities.

Lexington, Massachusetts ranked first among more than 1,300 small U.S. cities for its quality of life and affordability. It had a low property crime rate and high median credit score, with residents having access to good health care and education. The city's median annual household income was over $238,000.

Brookfield, Wisconsin ranked second, with a 3% unemployment rate and low poverty rate of 3.2%. Carmel, Indiana came in third. WalletHub analyzed 45 indicators for its report, including housing costs, school quality, and the number of restaurants per capita.