Wall Street Journal Chief Economics Correspondent Nick Timiraos joins Taylor Riggs to discuss the Federal Reserve's first interest rate hike in three years and the outlook for additional hikes.
The Federal Reserve defied President Trump by hiking interest rates by a quarter point amid concerns about inflation. Meanwhile, Trump continues to downplay the affordability crisis. University of Michigan Professor of Economics Justin Wolfers joins Peter Alexander to provide his insight.
The Federal Reserve voted to raise interest rates by a quarter-point, marking its first rate hike since 2023. The increase was approved unanimously by the Fed board Wednesday, with an indication that another is coming as part of an effort to combat inflation, largely driven by high oil prices brought on by the war with Iran. President Donald Trump lashed out at the Fed over the decision. Morning Joe economic analyst Steve Rattner joins the panel to explain why he says President Trump is actually responsible for the Fed’s rate increase.
The Federal Reserve voted to raise interest rates by a quarter-point, marking its first rate hike since 2023. The increase was approved unanimously by the Fed board Wednesday, with an indication that another is coming as part of an effort to combat inflation, largely driven by high oil prices brought on by the war with Iran. President Donald Trump lashed out at the Fed over the decision. AXIOS economics reporter Courtenay Brown joins Way Too Early to break it all down.
Host Blake Burman dives into Fed Chair Kevin Warsh raising interest rates for the first time in several years to fight against inflation. President Trump, who is out on the campaign trail, offered a fiery response to the Fed's decision, demanding instead that rates be drastically lowered quickly. Plus, more on the TV news chopper crash. 00:00 - Introduction 01:05 - Fed Chair hikes interest rates 13:15 - 3 killed in TV news helicopter crash 20:17 - Trump speaks ahead of North Carolina rally 27:39 - Charlie Kirk family alleges campus security lapses 38:00 - Travis Kelce named victim in Ponzi scheme #trump #interestrates #federalreserve #inflation #ai #traviskelce #ponzischeme #politics #midterms #elections #vote #charliekirk #ovechkin