Interest rate hike a 'reassuring' sign Fed is acting independently, economist says
PBS · 16 Sep 2026

Interest rate hike a 'reassuring' sign Fed is acting independently, economist says

The Federal Reserve raised interest rates by a quarter of a point, the first hike in three years. It comes as the war in Iran continues to put pressure on prices and is the first major move by Fed Chair Kevin Warsh to combat elevated inflation. Geoff Bennett discussed more with economist Julia Coron


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