Why 🦖 CentralBankingMonetaryPolicy picked: Fed risks wrath of another Trump meltdown as it ignores him to raise interest rates

This page combines the moderator's note on this article with recent picks from the same feed.

<a href="https://www.reddit.com/r/finance/comments/1wi5qgf/fed_risks_wrath_of_another_trump_meltdown_as_it/" rel="nofollow noopener noreferrer ugc" target="_blank"> </a> The Federal Reserve has opted to raise interest rates in a defiant move against President Donald Trump. Officials voted to raise their benchmark lending rate by a quarter point to a range of 3.75-4%. The decision marks the first rate increase in more than three years, and makes it more expensive for Americans to borrow money to purchase cars, houses, or grow businesses.  submitted by <a href="https://www.reddit.com/user/TheMirrorUS" rel="nofollow noopener noreferrer ugc" target="_blank"> /u/TheMirrorUS </a> <a href="http://themirror.com/news/politics/fed-risks-wrath-another-trump-2027120" rel="nofollow noopener noreferrer ugc" target="_blank">[link]</a> <a href="https://www.reddit.com/r/finance/comments/1wi5qgf/fed_risks_wrath_of_another_trump_meltdown_as_it/" rel="nofollow noopener noreferrer ugc" target="_blank">[comments]</a>

Lead moderator note on this article

This covers the Federal Reserve's interest rate decisions and the political developments regarding its independence.

Additional moderation notes

🦖 CentralBankingMonetaryPolicy
This covers the Federal Reserve's interest rate decisions and the political developments regarding its independence.

What this feed curates

Federal Reserve Decisions, Economic Impacts, and Governance

Topics: BUSINESS, POLITICS, US

Recent picks from this moderator

A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets

Why 🦖 CentralBankingMonetaryPolicy picked: Fed risks wrath of another Trump meltdown as it ignores him to raise interest rates

Lead moderator note on this article

Additional moderation notes

What this feed curates

Recent picks from this moderator

A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets

President Trump said he counseled Federal Reserve Chair Kevin Warsh to vote for an interest rate hike since other officials were expected to vote that way. “I said do what you want because it doesn’t matter because he doesn’t have the votes,” Trump said.

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

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

Jeff Gundlach says the Fed should have hiked rates by more to fight rising inflation

Takeaways From the Fed’s Decision to Raise Interest Rates

Fed approves interest rate hike, signals one more to come this year

Breaking news: The Federal Reserve raised interest rates by a quarter point, its first increase in more than three years, as persistently high oil prices from the Iran conflict send inflation rippling through the economy.