Fed Chair Kevin Warsh leads unanimous 25bp hike, calls decision 'sober'
Trump’s handpicked Fed Chair just raised interest rates on him, stating inflation is just too high. Meltdown in 3…2… www.nbcnews.com/business/eco...
SkyNotes🦋23Hahahahaha! It is almost like anyone with a brain knows you can't lower rates with this much inflation.
Kat22Headline: Trump applies 120% tariff on all trade with the Fed LOL
Eric 🇺🇦 🇨🇦15C’mon thin arterial wall! You can do it.
pennylaneheart317.bsky.social14I think trump wants to destroy our economy, specifically the value of the dollar. Trump’s actions often make no sense, unless you look at them from the perspective of someone trying to harm the economy and other fundamentals of our country-then it all makes perfect sense, and is clearly intentional.
Jay Lee12It will be something to behold. SCOTUS and Warsh all in the same week.
Roger Jacucci9He has been fed chair for nearly 12 Scaramuccis. That's a pretty long run, for a Trump MAGAt.
Trump effectively hatched an extortion scheme, telling his handpicked Fed chair that the White House would cut off trade to much of the world in response to a rate hike. Kevin Warsh did it anyway. Was Trump bluffing? (I have a hunch we know the answer to that.) www.ms.now/rachel-maddo...
MH13I'm having one of those moments when I miss having a President and a Congress instead of the Unitary Executive Roberts and the Heritage Foundation conjured to replace them. I miss the Constitution.
gcsteph.bsky.social8Wow Warsh shows some backbone. Too bad the rest of Trumps clown show can't.
Netty Bo Betty7Trump cannot bully his way out of high bond yields and higher interest rates. He has found yet another thing in life he knows nothing about. The list is growing!
stvetype.bsky.social6We are told of the dangers to humanity with AI. Why isn't the the world discussing the danger to humanity by the totally incompetent trump regime. From the super intelligence of AI to the bottom dwelling dumb ass in the WH.
Pacheco-Torgal5Trump tried to blackmail the Federal Reserve into cutting interest rates. The Fed raised them. The “master negotiator” cannot even control his hand-picked chairman. His tariffs fuel inflation, his threats impress nobody—and Americans pay the bill.
independent56.bsky.social4Warsh cited economic growth, competition in debt mkts (primarily hyper scalers), and geopolitical factors in global hot zones (Middle East, Ukraine) for inflation. And now Trump will make another move to exacerbate the situation.
Karen Dalton Beninato7Ending trade to punish his own country for interest rates, shutting down the Kennedy Center because he can't splatter his name on it, this tantrum toddler is going to hold his breath until the country turns blue. In November. At the midterms.
Emily Harper 🌺4Less than two months before midterms 🤣. Lots of diaper changes today.
AFinRenoFightsBack 🌊2026 🌊2"Time will tell whether Trump and his team follow through, though if the administration does impose new trade restrictions, it would risk making consumer prices even worse"
1. BREAKING Fed has raised interest rates by a quarter point, citing persistent inflation, and officials are forecasting another quarter point hike before the end of 2026. Vote was unanimous and included Fed Chair Kevin Warsh, whom Trump selected with the expectation he would lower interest rates.
Yashar Ali 🐘982. Just three days ago, Trump said the US “should be paying the lowest interest rate in the world.” Trump’s economic advisor Kevin Hassett said ahead of today’s decision that if the Fed raised rates that Trump would not be happy about it.
Pacheco-Torgal2Trump tried to blackmail the Fed into lowering rates. It raised them. This was more than humiliation: it was the economy issuing an invoice for his tariffs, wars and institutional vandalism. He can bully judges, universities and allies—but not inflation.
elmjoe17.bsky.social2Wait until Trump explains that Warsh is actually Bidens fault...
dude mcguillicutty1I'm surprised but I guess knowing he cant be fired and doesnt want the GOP obliterated in Nov he did the right thing.
Serendipity1Duck and cover everyone..Trump be madddd
SouthernFriedHusker1I’d laugh but it’s clearly not a laughing matter The recession that is coming is going to be very ugly - I think about as bad or worse than 2008. I think it hits early in 28.
Fed Chair Warsh on raising rates: “The decision we made today was a sober decision, serious decision, responsible decision, one that we have been preparing for and thinking about in my 110 or 120 days here…I committed to a discipline, a set of principles.”
Luk Van Eylen4Oh, the irony. Trump, who so desperately wanted the Federal Reserve to lower its benchmark rate, has—through his inflationary policies (his idiotic war against Iran, resulting in skyrocketing energy prices)—forced that very same Fed to raise rates.
Truth Axe (CJ)2Please Big Daddy don't hurt me.
Emily1He sounds like he's rehearsing what he'll say to Trump. But Trump will interrupt him 3 words in and scream at him for 22 minutes about interest rates, the Epstein Files, Biden, and why Warsh is a failure because he can't magically fix Trump's failing Treasury amid the US bond crisis and $40 T debt.
Andrew Wilmington 🧦🏗️🏠1Trump has absolutely no one to blame except himself
John Hatchard1Translation: Powell never left the board and made sure they had the votes internally to raise rates despite what Trump wanted.
Michael Friedman1Disciplined principles isn’t going to go over very well with the wholly unprincipled Serial Criminal and Rapist in Chief. Let the bitch-slapping begin.
Fed Chair Kevin Warsh: "The plain fact is that inflation is too high, and has been for too long. This summer's inflation readings do not tell me that underlying trends have meaningfully improved."
Molly Ann4So, in other words Trump’s policies aren’t working.
TAGST82Behold the power of a SCOTUS carve-out.
experimental22.bsky.social1Because Warsh's dumb-fuck boss pursues inflation just as violently as he has "pursued" & assaulted women, including very young ones, his entire life.
KarHey1It's the part he is NOT saying that is a problem. Tariffs and the war in Iran have fueled inflation.
Trump's own hand-picked Fed Chair, Kevin Warsh, just unanimously hiked interest rates to 4% for the first time in three years. Finally, the grand economic plan revealed: fixing the affordability crisis by ensuring nobody can afford a mortgage, car loan, or credit card. Absolute economic genius.
iabacon.bsky.social2You didn’t mention all the winning, so much winning that we are tired of winning, once!
Huck&Sawyer🙋♀️1And the market, Trump’s “economy”-cough, cough-is dropping most days now, hugely today, and all of those folks who didn’t give a shit about anyone else as long as they were making money, are going to sour on him quickly. It had to happen. For retirees, this now sucks too. Are we great yet?🤨
