Thursday: We Called The Fed Wrong—Or Did We?

Thursday, August 27, the Fed might hike into an election and Rush and Reagan are here to admit their rate-cut-saves-the-midterms call may be flat-out wrong.

They walk through how July’s softer inflation data set up their original thesis, then stack that against Kevin Warsh’s bruising confirmation fight and the summer oil spike that flipped market odds toward a September hike. From there, they unpack the tug-of-war between rate-cut hopes, hike fears, and a possible hold, all while a Hormuz scare and a gold rally rattle nerves. Along the way, they bring it back to kitchen-table math: health premiums, borrowing costs, and what the September 16 Fed decision actually means for regular families.

- How their original Fed and gas-price prediction broke as oil ripped higher.

- Why Kevin Warsh’s divided confirmation still shapes today’s rate debate.

- What gold, Hormuz chatter, and debt buybacks signal about market fear.

- How looming ACA premium jumps and Fed policy collide for middle-income households.

Stick around to see how their call looks after September 16, and send in your take on whether the Fed should blink or hold the line.

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