Fed Raises Rates
The Federal Reserve raised rates for the first time since 2023 despite Trump's calls for cuts.
September 16, 2026 · Updated Sep 16, 10:06pm ET
CNNWhat Kevin Warsh said about the Fed’s first rate hike since 2023
CBS NewsFederal Reserve raises interest rates for the first time since 2023
New York PostTrump defends Fed chair Kevin Warsh after interest rate hike, blames ‘hostile board’ for ‘raise against Trump’
Daily BeastTrump Crashes Out at His Own Fed Pick’s Stunning Blow
CNBCNow that the Fed raised rates, where to score the best yields on your cash
Daily CallerHere’s What Fed Rate Hike Means For Your Wallet
VoxTrump’s failed Fed takeover
Business InsiderThe Fed hiked rates for the first time in years. Here's what smart people in economics say comes next.
Fox BusinessFederal Reserve hikes interest rates for first time since 2023 amid stubborn inflation
SlateWho’s to Blame for Higher Prices? Trump’s Own Fed Chair Just Pointed a Subtle Finger.
NPRThe Fed raises interest rates for the first time in over three years
Epoch TimesTrump Calls for Lower Rates After Fed’s First Hike Since July 2023
Raw StoryTrump lashes out at Fed chair over his 'raise against Trump'
SemaforWarsh breaks with Trump to raise rates
Just the NewsLivid Trump rages over Fed rate hike, but spares Kevin Warsh
Joe.My.God.Federal Reserve Hikes Interest Rates Due To Inflation
Chicago Sun-TimesFederal Reserve hikes key interest rate for first time in 3 years, defying Trump demands for a cut
Breitbart NewsTrump Says Interest Rates Should Be 1% or Less After Fed's Hike
Al JazeeraWhat to know about US Federal Reserve’s first interest rate hike in 3 years
BBC NewsUS interest rates raised for first time in three years
The Daily WirePresident Trump Wanted A Rate Cut — The Fed Gave Him A Rate Hike
The GuardianUS Federal Reserve raises interest rates for the first time since 2023
Christian Science MonitorIn an effort to tamp down inflation, the Fed raises interest rates
TownhallTrump Blasts Federal Reserve for Hiking Interest Rates
HuffPostFederal Reserve Expected To Raise Interest Rates For First Time In Three Years
NBC NewsFed raises interest rates for first time since 2023, defying Trump as inflation mounts
World News GroupFederal Reserve raises interest rate
MEDIAiteNEW: Trump Demands the Fed ‘LOWER THE INTEREST RATES’ In Angry Post Following Hike
Straight Arrow NewsFed approves first interest rate hike since 2023 in bid to rein in inflation
Deseret NewsFed approves first rate hike in 3 years, citing need to address persistent inflation
El PaisThe Federal Reserve defies Trump with a unanimous rate hike six weeks before the midterms
CNETInterest Rates Just Went Up. Here's Why Consumer Tech Might Cost Even More
Washington ExaminerTrump rips 'hostile' Fed board after interest rate hike but defends Warsh
TPMTrump’s Threats to Stop Trade Couldn’t Keep the Fed from Hiking Interest Rates
GizmodoTrump Flips Out on Truth Social as Fed Hikes Interest Rates
The American ConservativeFederal Reserve Raises Interest Rates 25 Basis Points
25%
Left · 16
41%
Center · 27
34%
Right · 22
Pano rates the coverage Balanced.
What happened
The Federal Reserve unanimously raised its benchmark federal funds rate by 0.25 percentage points, setting a target range of 3.75% to 4.0%. It was the Fed’s first rate increase since July 2023. Fed Chair Kevin Warsh
Kevin WarshChairman of the Federal Reserve since 2026 said inflation remains too high after years above target, while the economy can handle tighter credit. Renewed price pressure from the Iran war and higher energy costs helped drive the decision. President Donald Trump demanded rates of 1% or less, saying higher borrowing costs hurt investment. Warsh said Fed independence works both ways. Treasury yields rose immediately, raising pressure on consumer loans. Fed projections show another hike may come this year.
How the left told it
The hike was framed as a necessary stand against stubborn inflation despite political pressure. CNN said the Fed’s rate move underscored its concern over prices, while Vox read it as a rebuke showing Trump’s bid to control the central bank had failed. Slate blamed Trump’s Iran war and tariffs for helping force the Fed’s hand, and The Daily Beast cast his response as an angry meltdown over demands for lower rates and dubious economic claims.
How the right told it
Right-leaning accounts led with inflation and a sturdy economy rather than institutional confrontation. Fox Business emphasized elevated prices tied to higher energy costs. The New York Post highlighted Trump’s case for far lower rates and his continued confidence in Warsh. The Daily Caller focused on costlier household borrowing, while noting savers could benefit modestly.
Fed Rate Hike Fight
Part of the storyline · Storyline →- Sep 20Fed Hikes RatesMostly Center
- Sep 17Kevin Warsh Defies Donald TrumpLeans Right
- Sep 16Fed Raises Rates (this story)Balanced
- Sep 15Federal Reserve Eyes Rate HikeMostly Center
- Sep 11US Inflation Pressures FedBalanced
