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Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike

Wednesday, September 16, 2026


The Federal Reserve raised interest rates by a quarter point. Fed Chair Kevin Warsh did not respond publicly to Trump's calls for lower rates before the decision. The rate increase occurred on a date when Trump had been advocating for rate cuts.

Original reporting: https://www.cnbc.com/2026/09/16/fed-interest-rates-kevin-warsh-trump.html

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