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BREAKING: War in Iran Day 202 — 1930s Radio Broadcast | September 17, 2026
September 17, 2026. Day 202. The Federal Reserve raised its benchmark rate a quarter point yesterday to 3.75–4%, unanimously, the first increase since July 2023 — and Chairman Warsh acknowledged that the Fed has no real capability of cutting off the main source of this inflation, which is energy. Three commercial vessels crossed the Strait of Hormuz on Wednesday. CENTCOM said the same day that 900 million barrels have moved since May. Both are true.
Tonight's report:
• The FOMC voted 12-0 to raise rates to 3.75–4%, the first hike since July 2023. The unanimity was the surprise — speculation…
The skinny
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