Today, the Fed issued a very clear statement.
They didn’t just raise interest rates—they made it a unanimous decision, 12-0.
This marks the Fed’s first unanimous decision since May 2025, amid calls from President Trump to cut rates.
And, the Fed concludes its policy statement by saying that the Committee will “bring price stability,” making clear that inflation is their top priority.
The question now is: How will President Trump respond?
12 days ago, President Trump said he would “stop dealing” with more than 50 of America’s trading partners if the Fed didn’t cut interest rates.
Today, the Fed not only avoided cutting rates—they raised them.
Clearly, the divide between the White House and the Fed is growing even further, even after Jerome Powell has left.
They didn’t just raise interest rates—they made it a unanimous decision, 12-0.
This marks the Fed’s first unanimous decision since May 2025, amid calls from President Trump to cut rates.
And, the Fed concludes its policy statement by saying that the Committee will “bring price stability,” making clear that inflation is their top priority.
The question now is: How will President Trump respond?
12 days ago, President Trump said he would “stop dealing” with more than 50 of America’s trading partners if the Fed didn’t cut interest rates.
Today, the Fed not only avoided cutting rates—they raised them.
Clearly, the divide between the White House and the Fed is growing even further, even after Jerome Powell has left.
