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Fed Chair Kevin Warsh under pressure to hike rates as inflation fails to cool

Back-to-back hotter-than-expected inflation readings may disappoint the majority of US central bankers who had been counting on price pressures easing on their own, setting the table for an interest-rate hike at the Federal Reserve's meeting next week and potentially more to follow.

Coverage (1)· Sep 11, 5:38 PM

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New York Post· Sep 11, 5:38 PMFed Chair Kevin Warsh under pressure to hike rates as inflation fails to cool

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Fed's Warsh faces new pressure to hike rates after inflation heats upA decision to raise rates next week would come at a politically fraught time — less than two months before a midterm election that will determine control of Congress.

POLITICO25d agoWhole story →

Government fed rate hike decision

US consumer prices accelerate in August, push Fed closer to rate hikeU.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing expectations that the Federal Reserve will raise interest rates next week.

Reuters25d agoWhole story →

Economy fed rate hike decision

Analysis: What a Fed rate hike would mean for the U.S. economy and inflationFederal Reserve officials have signaled they’re prepared to raise interest rates if inflation doesn’t improve soon, but they may find their main policy tool will do little to restrain some of the forces pushing up prices now. The consumer price index report due Friday is poised to determine whether policymakers will lift rates next week, with officials…

Spokane Spokesman-Review25d agoWhole story →

Economy fed rate hike decision

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Trump demands 1% or lower interest rate after first Fed hike since 2023President Donald Trump demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.

CNBC20d agoWhole story →

Economy fed rate hike decision

Trump Tells Warsh to Lower Interest Rates to 1% or LessThe Federal Reserve hiked rates Wednesday for the first time in 3 years. President Trump said the FOMC should cut.

Business Insider20d agoWhole story →

Economy fed rate hike decision

Did the Fed raise its interest rate?Federal Reserve voted to increase its benchmark federal funds rate. How will Fed rate hike impact mortgages? What is benchmark interest rate?

Salt Lake City Deseret News19d agoWhole story →

Economy fed rate hike decision

Stock Futures Rise After Selloff Prompted by Fed Rate HikeEquity markets are modestly higher on the evening of Sept. 16 following a big selloff that occurred after the U.S. Federal Reserve raised intere...

Markets Insider19d agoWhole story →

Economy fed rate hike decision

Asian stocks are mixed after Wall Street slips following Fed's rate hike decisionAsian shares are mixed after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years.

Breitbart News Network19d agoCoverage (2)Whole story →

Planet fed rate hike decision

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Fed's Warsh faces new pressure to hike rates after inflation heats upA decision to raise rates next week would come at a politically fraught time — less than two months before a midterm election that will determine control of Congress.

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Fed Chairman Warsh faces pressure to ‘put up or shut up’ after hot CPI reportFederal Reserve Chairman Kevin Warsh faces intense pressure to raise interest rates at next week’s policy meeting after a highly anticipated inflation report showed U.S. consumer prices marched higher last month. Underlying inflation rose more than expected in August, as the core consumer price index, which excludes food and energy costs, increased 0.3%…

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Trump Urges Federal Reserve To Cut Rates As Market Bets On Warsh HikePresident Donald Trump again called on the Federal Reserve to lower interest rates, even as the market expects the first Warsh rate hike.

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Economy september fed meeting