Fed raises rates 25 bps; Warsh comments after hike | The BriefBrief
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Event Brief

Fed raises rates 25 bps; Warsh comments after hike

Filed: Sep 16, 2026 at 6:00 PM ET
Summary: The Federal Reserve raised interest rates by 25 basis points for the first time since 2023, with the FOMC voting unanimously. The dot plot showed many officials signaling support for further hikes. Fed Chair Kevin Warsh said he had “nothing” to share on any discussion with President Trump when asked by reporters.
WHO: Kevin Warsh and the Federal Reserve (FOMC)
WHAT: The Fed raised rates by 25 basis points and Warsh fielded questions about any discussion with President Trump.
WHEN: Jan 1, 2023
WHERE: USA
WHY: The rate increase followed the FOMC’s decision to raise rates, and Warsh’s remarks were prompted by reporters’ questions about any discussion with President Trump.

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