Heather Long(@byHeatherLong):A September Fed rate hike is almost locked in now 85% chance the Fed hikes next week. It's the right call. The risks are growing that inflation remains entrenched (or keeps broadening). Fed Chair Warsh doesn't want to make the same mistake Powell did of waiting too long to hike. My focus is on middle and lower-income Americans. I believe a rate hike might *help* them a) by containing inflation and b) by potentially LOWERING borrowing costs as bond investors have more confidence the Fed is on the case.

Heather Long

@byHeatherLong

Chief economist @NavyFederal | Marketplace contributor | Data aficionado | Views my own | Email: heather_long@navyfederal.org

Joined February 2011

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Heather Long@byHeatherLong

2026.09.11 13:12

A September Fed rate hike is almost locked in now 85% chance the Fed hikes next week. It's the right call. The risks are growing that inflation remains entrenched (or keeps broadening). Fed Chair Warsh doesn't want to make the same mistake Powell did of waiting too long to hike. My focus is on middle and lower-income Americans. I believe a rate hike might *help* them a) by containing inflation and b) by potentially LOWERING borrowing costs as bond investors have more confidence the Fed is on the case.