Why the Federal Reserve Raised Interest Rates | Big Take

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The Federal Reserve raised interest rates by 25 basis points today and indicated another hike could come later this year. Chair Kevin Warsh had telegraphed the move, putting him on a collision course with President Donald Trump. Today on the Big Take, Bloomberg Opinion’s John Authers and Fed reporter Maria Eloisa Capurro join David Gura to discuss why a “no forward guidance” Fed chair showed his hand so early and what it means for the markets and the midterms. Read more: Fed Raises Rates as Warsh Bucks Trump to Contain Inflation (https://www.bloomberg.com/news/articles/2026-09-16/fed-raises-rates-as-warsh-bucks-trump-to-contain-inflation?srnd=homepage-americas) We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer. (https://www.bloomberg.com/subscriptions/podcasts) Hosted by David Gura; Guests: John Authers, Maria Eloisa Capurro; Produced by Rachael Lewis-Krisky; Edited by Naomi Shavin; Mixed by Alex Sugiura See omnystudio.com/listener (htt

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