Business

Fed Hike Sparks Political Tensions

Updated 2026-09-16 20:55 UTC 1 source Negative

President Trump demands lower interest rates after the Federal Reserve announces its first hike since 2023. Analysis suggests this could reignite debates over Fed independence.

Coverage timeline — 3 articles

CNBC

Here is what changed in the new Fed statement under Warsh

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.

2026-09-16 18:18 UTC

CNBC

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

The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.

2026-09-16 20:50 UTC

CNBC

Trump demands 1% or lower interest rate after first Fed hike since 2023

President 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.

2026-09-16 20:51 UTC