Fed Set for Sept. 16 Rate Decision Under Warsh Despite High Inflation

Federal Reserve will decide interest rates, the cost of borrowing, on Sept. 16 under new chair Kevin Warsh, handpicked by Donald Trump. Trump posted the U.S. should have the 'LOWEST RATE of any country in the World.' Inflation was 3.4% Sept. 11, above the 2% target for over five years, as oil topped $100 with Hormuz all but closed.