Trump’s inflation record draws criticism after a reported Fed rate hike
One critic calls the reported hike a midterm setback for Trump, while another argues he shares Biden’s blame for inflation and favors a full-percentage-point increase.
TLDR
In September 16, 2026 reactions, two critics linked a reported Fed rate hike to Trump’s policies. One said Kevin Warsh had raised rates and set expectations for two more hikes, blaming the Iran war and calling it a blow to Republicans ahead of the midterms. The other argued Trump was as responsible as Biden for inflation, citing 2020 spending, lockdowns and the Iran war, and said the Fed should have raised rates by a full percentage point.
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