Topic

Stocks tumble after Fed hike

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U.S. stocks fell on Wall Street after the Federal Reserve raised interest rates for the first time in more than three years, as investors reacted.

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The Federal Reserve voted to raise interest rates by a quarter point as policymakers try to tamp down inflation after more than five years of above-target price increases.
Full coverage: www.nytimes.com/live/2026/09...
#EconSky
Live Updates: Fed Faces a Credibility Test on Interest Rates
www.nytimes.com
September 16, 2026 at 6:00 PM
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You will pay more for your mortgage and your credit card bills because of Donald Trump.
Breaking news: The Federal Reserve raised interest rates by a quarter point, its first increase in more than three years, as persistently high oil prices from the Iran conflict send inflation rippling through the economy.
Fed raises interest rates by quarter point to tackle inflation
The Federal Reserve raised interest rates by a quarter a percentage point on Wednesday to try to tame inflation, raising the borrowing cost on a variety of business and consumer loans.
www.washingtonpost.com
September 16, 2026 at 7:09 PM
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Breaking news: The Federal Reserve raised interest rates by a quarter point, its first increase in more than three years, as persistently high oil prices from the Iran conflict send inflation rippling through the economy.
Fed raises interest rates by quarter point to tackle inflation
The Federal Reserve raised interest rates by a quarter a percentage point on Wednesday to try to tame inflation, raising the borrowing cost on a variety of business and consumer loans.
www.washingtonpost.com
September 16, 2026 at 6:16 PM
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Federal Reserve to announce interest rate decision as Trump calls for a cut www.nbcnews.com/business/eco...
Trump and the Federal Reserve are on a collision course over interest rates
Wall Street expects the Fed to hike rates Wednesday. The president wants a rate cut.
www.nbcnews.com
September 16, 2026 at 7:33 AM
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Suck it, Unitary Executive Theory
September 16, 2026 at 6:13 PM

Reposted by James Goodwin

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BREAKING: The Fed raises interest rates to battle inflation, defying Trump’s call for a cut.
Fed raises interest rates for first time since 2023, defying Trump as inflation mounts
The move comes after years of demands from President Donald Trump for lower interest rates.
nbcnews.to
September 16, 2026 at 6:03 PM