{"id":348814,"date":"2026-09-17T00:20:13","date_gmt":"2026-09-17T00:20:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/348814\/"},"modified":"2026-09-17T00:20:13","modified_gmt":"2026-09-17T00:20:13","slug":"fed-raises-interest-rates-in-push-for-timelier-retreat-in-inflation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/348814\/","title":{"rendered":"Fed Raises Interest Rates in Push for \u2018Timelier\u2019 Retreat in Inflation"},"content":{"rendered":"<p><a class=\"css-13xl2ke\" href=\"https:\/\/www.nytimes.com\/by\/tony-romm\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"Tony Romm\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/09\/author-tony-romm-thumbLarge-v4.png\"   height=\"40\" width=\"40\" loading=\"lazy\"\/><\/a><\/p>\n<p>Sept. 16, 2026, 4:45 p.m. ET<\/p>\n<p class=\"css-sdti3 evys1bk0\">Hours after the Fed voted to raise interest rates, President Trump criticized the central bank and alluded to his recent threat to cut off trade to countries with which the United States has a trade deficit.<\/p>\n<p class=\"css-sdti3 evys1bk0\">In a post on social media, Trump argued that the country is \u201cBOOMING\u201d and demanded that rates be cut to 1 percent or less. Economists widely believe that such a move risks stoking inflation.<\/p>\n<p class=\"css-sdti3 evys1bk0\">Trump returned to the matter of trade, weeks after threatening to interrupt international commerce in a bid to lower borrowing costs. This time, though, Trump was less explicit.<\/p>\n<p class=\"css-sdti3 evys1bk0\">\u201cIf we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year,\u201d the president said. \u201cThe word \u2018Deficit\u2019 is nothing more than a fancy word for LOSS. We are \u201ccarrying\u201d almost every country in the World, and that cannot go on any longer.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Sept. 16, 2026, 4:45 p.m. ET Hours after the Fed voted to raise interest rates, President Trump criticized&hellip;\n","protected":false},"author":2,"featured_media":348815,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,58382,20601,81981,9,24,63,129,131,130,2052,81980],"class_list":["post-348814","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-bronx","tag-federal-reserve-system","tag-interest-rates","tag-kevin-m","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news","tag-united-states-economy","tag-warsh"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/348814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=348814"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/348814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/348815"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=348814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=348814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=348814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}