Wednesday, September 16, 2026

Fed Raises Interest Rates in Push for ‘Timelier’ Retreat in Inflation

 Fed Raises Interest Rates in Push for ‘Timelier’ Retreat in Inflation - The New York Times

The Federal Reserve raised interest rates for the first time since 2023, putting its new leader, Kevin Warsh, at odds with President Trump. “The plain fact is that inflation is too high,” Mr. Warsh said.