Fed unanimously raises interest rates
5m
The Federal Reserve unanimously raised interest rates by 25 basis points, and President Trump said he had spoken to Chairman Kevin Warsh before the vote.
He needs econ scapegoats & Fed is great one. Keeps quiet, soldiers on.
Loudly blaming Fed works to his base & some others.
Will he turn on Warsh if he can't lower rates?
No, just blame others on FOMC & justify their removal.
Reposted by David Darmofal
www.wsj.com/livecoverage...
www.wsj.com/livecoverage...
www.nytimes.com/live/2026/09...
www.nytimes.com/live/2026/09...
Reposted by Francesco Saraceno
by Elizabeth Warren Reposted by Juan Cole, Alan Richardson
Reposted by Thomas Masterson
Reposted by Will Jennings
Even though today's news was a hike, I think that overall this makes a US debt crisis much less likely. The Fed going nuts (or getting doged) is the only remotely plausible scenario for that, imo.
Even though today's news was a hike, I think that overall this makes a US debt crisis much less likely. The Fed going nuts (or getting doged) is the only remotely plausible scenario for that, imo.
Reposted by Stephen D. Williamson
by Mohamed A. El‐Erian Reposted by Steve Peers
Perhaps most surprising, however,...
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Perhaps most surprising, however,...
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Reposted by Elizabeth Warren, Juan Cole, Alan Richardson
Let's check in on how that's working.
Let's check in on how that's working.