Thoughtful Money with Adam Taggart · Thursday, September 17, 2026
The Federal Reserve has implemented its first rate hike since 2023, with a unanimous decision from its members. This move comes as inflation remains too high, despite a somewhat decent labor market. Geopolitical factors, including wars in Iran, Russia, and Ukraine, are seen as contributing to higher oil prices and complicating the Fed's efforts.
“yes very special day well it is a special day it's the first rate hike since 2023 highly anticipated by the market but we have a change in trajectory for policy rate of the fed”
“the labor market is somewhat decent but inflation is too high the question is whether you can do anything about it with all the geopolitical stuff going on”
“Kevin said yep they can do something and they're doing it and they had a unanimous decision to to hike rates today”