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Decision Day Guide: Fed seen hiking interest rates in defiance of Trump

The Federal Reserve is expected to raise interest rates for the first time since 2023, responding to persistent inflation and recent hotter-than-expected data. The move could strain Chairman Kevin Warshs relationship with President Donald Trump. Policymakers may signal further hikes, while dissenting views within the Fed could complicate Wednesdays decision.

16 Sep 2026 9:11 am