• Fed Hikes Rates, Sees More Tightening In Search Of Drop In Inflation

    From TruthBarker@T.Baker@therehere.org to talk.politics.misc,alt.politics.usa on Thu Sep 17 10:43:41 2026
    From Newsgroup: alt.politics.usa


    The Federal Reserve raised interest rates on Wednesday and flagged
    further increases in borrowing costs in coming months, with new U.S.
    central bank chief Kevin Warsh joining a unanimous decision that
    effectively acknowledges the Trump administrationrCOs inability so far to control inflation.

    While President Donald Trump had promised to lower prices on his watch,
    the combined impact of his global import tariffs, an energy shock
    following the start of the U.S.-Israeli war with Iran, and capital
    spending from the artificial intelligence boom has kept price pressures intense enough that the Fed felt it needed to raise its benchmark
    overnight interest rate by a quarter of a percentage point to the
    3.75%-4.00% range.

    https://www.huffpost.com/entry/fed-rasies-rates-kevin-warsh-donald-trump_n_6aaad9a3e4b05a5eaee2d10e

    What do you expect from the least educated president, he is only good at running everything into the ground, the bankruptcy expert.

    Trump is nothing more than a con man. That he is a great negotiator and businessman is the one of the biggest lies he told to become President.
    A whole bunch of maga deplorables followed him to the toilet knowing
    what they will get.

    On a daily basis, Trump tells us inflation is down, grocery prices are
    down, gas prices are down, home prices are down, the Iran war is already
    over, drug prices are down. He must think American people are stupid. Is
    he on drugs?



    --- Synchronet 3.22a-Linux NewsLink 1.2
  • From John Doe@NoOne@private.corp to talk.politics.misc,alt.politics.usa on Thu Sep 17 21:46:17 2026
    From Newsgroup: alt.politics.usa

    On 9/17/2026 7:43 AM, TruthBarker wrote:

    The Federal Reserve raised interest rates on Wednesday and flagged
    further increases in borrowing costs in coming months, with new U.S.
    central bank chief Kevin Warsh joining a unanimous decision that
    effectively acknowledges the Trump administrationrCOs inability so far to control inflation.

    While President Donald Trump had promised to lower prices on his watch,
    the combined impact of his global import tariffs, an energy shock
    following the start of the U.S.-Israeli war with Iran, and capital
    spending from the artificial intelligence boom has kept price pressures intense enough that the Fed felt it needed to raise its benchmark
    overnight interest rate by a quarter of a percentage point to the 3.75%-4.00% range.

    https://www.huffpost.com/entry/fed-rasies-rates-kevin-warsh-donald- trump_n_6aaad9a3e4b05a5eaee2d10e

    What do you expect from the least educated president, he is only good at running everything into the ground, the bankruptcy expert.

    Trump is nothing more than a con man. That he is a great negotiator and businessman is the one of the biggest lies he told to become President.
    A whole bunch of maga deplorables followed him to the toilet knowing
    what they will get.

    On a daily basis, Trump tells us inflation is down, grocery prices are
    down, gas prices are down, home prices are down, the Iran war is already over, drug prices are down. He must think American people are stupid. Is
    he on drugs?

    He knows the people you can fool all the time, that 33% of the US
    public, will be utterly convinced he is right. They are utterly dependable.

    A lot like Mitch.

    --- Synchronet 3.22a-Linux NewsLink 1.2