North America · 15 September 2026 to 17 September 2026 · 19 headlines · New York Times, CNN, Al Jazeera, South China Morning Post, AP, BBC News
Federal Reserve's rate-hike decision under Trump pressure
The Federal Reserve is expected to raise its benchmark interest rate on Wednesday for the first time since July 2023, a striking break with President Trump, who handpicked Fed Chair Kevin Warsh specifically to lower rates and has kept demanding lower borrowing costs. Inflation has stayed stubbornly above the Fed's 2% target, with the war in the Middle East pushing up energy prices and threatening to make it more persistent, and Wall Street expects a second hike in December.
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As it ran
17 September 2026
- The Fed just raised rates. Here's what Kevin Warsh said about it CNN
- How Trump's hand-picked Fed chair defied him by raising interest rates BBC News
- Why Trump's hand-picked Fed chair defied him by raising interest rates BBC News
- Fed Raises Rates in First Major Step by Warsh to Contain Inflation New York Times
- Hong Kong stocks drop after Fed raises interest rates and signals more to come South China Morning Post
16 September 2026
- Fed could raise interest rates for the first time since 2023 CNN
- Fed expected to raise interest rates, complicating the picture for Trump CNN
- Fed expected to raise interest rates for the first time since 2023 CNN
- Why the Fed Raised Rates as Borrowing Costs Are Surging New York Times
- The Fed Might Raise Rates Even as Borrowing Costs Are Surging. Here’s Why. New York Times
- US Fed raises interest rates as inflation weighs on economy Al Jazeera
- The Fed raises interest rates for the first time in over 3 years CNN
- US Fed raises interest rates for first time in 3 years, risking Trump’s ire South China Morning Post
- US Fed raises interest rates for first time in three years Al Jazeera
- Stocks give up early gains and fall after the Fed hikes interest rates; Dow loses 750 points AP
- US interest rates raised for first time in three years BBC News
- The Fed just raised rates. Here’s what Kevin Warsh said about it CNN
- US Fed raises interest rates for first time in 3 years, irking Trump South China Morning Post