Fed’s rate hike ‘two months before the election, really? That was politics, sir’

Fed’s rate hike ‘two months before the election, really? That was politics, sir’

by WorldTribune Staff, October 12, 2026 Non-AI Real World News On Sept. 16, the Federal Open Market Committee (FOMC) voted unanimously to raise its benchmark interest rate by a quarter-point to a range of 3.75% to 4%. It marked the first rate hike since July 2023. President Donald Trump had publicly urged the central bank […]