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Warsh’s reluctant turn restarts Fed war
Published by Reuters Breakingviews on September 16, 2026.
Breakingviews commentary on the renewed policy dispute and Treasury's effort to lower long yields.
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Treasury Secretary Scott Bessent has waged a quixotic battle to lower U.S. yields since August.
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- Fed raises rates a quarter point on a unanimous vote · cited for Treasury's campaign on long yields and the independence dispute
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Timeline entries this record anchors: The committee raises the range by a quarter point.