HeyJaredJulia Shapero
- Indexed articles, last 90 days
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- Sep 16, 2026
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Fed hikes interest rates by quarter point - AOL (opens the original)
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The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank's Federal Open Market Committee (FOMC), under Fed Chair Kevin Warsh, voted unanimously to increase the central bank's benchmark interest rate to a range of 3.75 percent to 4 percent. It marks the first time the Fed has hiked rates in more than three years, and the first time in nearly a year since the range touched 4 percent. Warsh said after the decision th
Warsh under pressure as Fed considers rate hike - AOL (opens the original)
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Federal Reserve Chair Kevin Warsh finds himself in a tricky position as the central bank commences its September meeting, as rising expectations of an interest rate hike clash with President Trump’s demands for cuts. Warsh gave himself wiggle room for a rate hike in late August, saying the central bank had “work to do” if underlying inflation was not moving toward its 2 percent target. But Trump, who has long kept up the drumbeat for rate cuts, appears increasingly impatient for his Fed pick to
Stubborn inflation raises prospect of Fed rate hike - AOL (opens the original)
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The Federal Reserve appears increasingly likely to hike interest rates next week, as inflation remains stubbornly elevated amid the war with Iran. New data out Friday showed annual inflation remained unchanged in August, still well above the central bank’s target 2 percent rate. This is raising expectations of a rate hike, even as President Trump pushes for Fed Chair Kevin Warsh to cut rates. “There’s no guarantee that the Fed will hike next week, but it’s hard to see how the central bank can ju
Trump threatens trade war if rates aren’t cut after strong jobs report - AOL (opens the original)
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President Trump called on the Federal Reserve to lower interest rates Friday after the August jobs report came in stronger than expected, threatening to cut off trade with several countries if the central bank doesn’t budge. The Bureau of Labor Statistics reported Friday that U.S. employers added 162,000 jobs last month, well above the 53,000 that economists were anticipating. Trump touted the “great” jobs numbers Friday before quickly turning his attention to the Fed, which he has long pushed t
Federal Reserve chief faces pivotal moment in Jackson Hole - AOL (opens the original)
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Federal Reserve Chair Kevin Warsh is under the microscope as he heads to Jackson Hole for the Wyoming town’s signature economic symposium Friday, where eagle-eyed investors will be searching for any clue about the central bank’s plans for grappling with sticky inflation and an increasingly jittery bond market. Warsh, who has opted for a less-is-more approach to communication in his first few months as Fed chair, is set to give remarks at the annual gathering of central bankers Friday morning. Hi
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