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Full Kevin Warsh press conference reaction to September rate hike amid Trump’s calls for lower rates

visibility comment0 event September 16, 2026 timer 16:12

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Federal Reserve policymakers responded to stubborn inflation by opting to raise their benchmark for short-term interest rates for the first time in three years on Sept. 16, just days after President Donald Trump said the United States should have “the lowest interest rates in the world.”

The vote was unanimous among the Federal Open Market Committee’s 12 voting members.

Read more: https://www.usatoday.com/story/money/economy/2026/09/16/fed-rate-decision-meeting-updates–live/91746863007/

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