The David Lin Report · Wednesday, September 23, 2026
Danielle DiMartino Booth argues that the Federal Reserve's decision to raise interest rates is premature, given the current fragile state of the economy. She points to rising costs for essentials and consumer spending pullback as indicators.
“So I think that you're finding the economy at a very fragile juncture here.”
“The cost of, not just gas prices, but food, um, and and their utility bills, they're all rising.”
“So again, I think it was premature. Yes, we waited three years for the Fed to hike rates. But I think it was premature to say that inflation was going to bleed into other parts of the economy when US households are clearly pushing back against that notion.”