2026
The Federal Reserve raised interest rates at its September meeting.
“Fed policymakers did raise interest rates the last time they met in September.”
Topic
Federal Reserve
8 facts from 3 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2026
Investors expect the Federal Reserve to hold rates steady at this meeting and possibly raise them in December.
“investors are betting that with the election day just around the corner, the central bank is going to try to keep a low profile today”
2026
The Fed's vote to raise rates in September was unanimous, but several members dissented the month before when it held rates because they wanted a hike.
“the vote to raise rates last month was unanimous, but at the previous month, when the FED stood pat, several members of the committee dissented because they wanted a rate hike back then.”
2026
The Commerce Department was due to release a separate September inflation reading, which the Federal Reserve watches most closely.
“Today, we get a separate reading on inflation for September, this one from the Commerce Department, and it's the one the Fed pays the most attention to.”
2026
The Federal Reserve raised interest rates once in September to slow inflation.
“And so the Fed already raised interest rates once in September, and that was their way of applying the brakes”
2026
The Federal Reserve decided not to raise interest rates the day before this episode.
“and yet the central bank decided not to raise interest rates yesterday.”
Undated
Chris Benson explains that the Federal Reserve sets monetary policy, while the President and Congress set fiscal policy.
“is Jerome Powell. And his capacity is responsible for a particular committee at the Federal Reserve. And they are responsible for monetary policy, which the Federal Reserve sets, as opposed to what the President and Congress together set, which is fiscal policy.”
Undated
Chris Benson says interest rates are the Federal Reserve's largest tool for setting monetary policy.
“And one of the tools, the largest tool that they mainly do that with, is through the setting of interest rates, which trickles through the entire economy in a whole bunch of different ways.”
Episodes