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The Julia La Roche Show · Saturday, September 19, 2026

Chris Whalen Critical of Fed's 25 Basis Point Rate Hike Amidst Two Trillion Dollar Deficit

Chris Whalen expressed his disappointment with the Federal Reserve's recent 25 basis point rate hike, calling it "pretty lame" given the backdrop of a two trillion dollar deficit. He believes the Fed's actions are largely symbolic and insufficient to combat persistent inflation, especially with rising energy prices.

personChris WhalenpersonJohn DizardcompanyFederal Reserve

The tape

3 quotes
“Well first off, the Fed had to do something, or they would have been completely irrelevant.”
“Uh, we're actually doing an interview with John Dizard this afternoon to catch up on energy.”
“So I think this was mostly about them catching up to the narrative, if you will.”
Heard on The Julia La Roche Show — “#410 Chris Whalen: Age of Uncertainty - Falling Home Prices, Cracks in Private Credit, & Sidelined Fed”, published Saturday, September 19, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05
Chris Whalen Critical of Fed's 25 Basis Point Rate Hike Amidst Two Trillion Dollar Deficit — Heardvine