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Will the Fed Keep Hiking Rates?

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The Federal Reserve Board will announce whether it will continue to hike interest rates at 2:30 p.m.

Axios: “There’s never been a Federal Reserve interest-rate decision quite like this, with the central bank facing public criticism from the president and a whipsawing stock market.”

Financial Times: “Fed officials have signaled they will boost rates by a quarter point at the meeting, and holding fire would look skittish, according to analysts and strategists. It would send a markedly downbeat signal about the economic outlook; it might indicate the Fed is overly influenced by market turbulence; and it would trigger claims that the president is influencing policy.”

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“That’s the way politics works.” — Rep. Byron Donalds (R-FL), quoted by Florida Politics, on his frayed relationship with Gov. Ron DeSantis (R) after Donalds won the endorsement of President…

About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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