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EconomyHot Inflation Pushes Fed Toward Rate Hike Opposed by Trump

Persistently high inflation is pushing the Federal Reserve toward a rate increase, with the odds of a hike at next week’s meeting rising sharply. Donald Trump opposes the move.

US economyinflationFederal Reserveinterest rates

People in this report Donald Trump

BBloomberg News★★★☆☆2026-09-12 12:00Original

Hot Inflation Pushes Fed Toward Rate Hike Opposed by Trump
Hot Inflation Pushes Fed Toward Rate Hike Opposed by TrumpEconomy