Posted on 05/18/2026 8:00:04 AM PDT by Miami Rebel
Fox Business anchor Maria Bartiromo agreed with analyst Ryan Payne’s take that the Federal Reserve may now have to raise interest rates to combat persistent inflation in a striking assessment given President Donald Trump’s public months-long campaign to pressure the central bank to cut rates.
Bartiromo had just rolled back a clip from her interview with investor Jeffrey Gundlach on Sunday Morning Futures in which she floated whether newly-appointed Federal Reserve chair Kevin Warsh might raise interest rates, to which he replied that a “hike” was an “odds on bet.”
Trump had berated and attacked Warsh’s predecessor Jerome Powell for refusing to reduce interest rates while expressing hope that the new chair would do so.
Kicking off Mornings with Maria on Monday, the anchor then asked Payne, a regular contributor and president at Payne Capital Management, for his thoughts on Gundlach’s assessment.
“Yeah, I think he’s 100% right,” Payne began, arguing that rising Treasury yields are signaling renewed inflation fears and increasing pressure on the Federal Reserve to raise interest rates again.
He pointed to the 10-year Treasury yield climbing from 4.3% to 4.6% in just two weeks since his last appearance on her show as evidence that markets are now pricing in “higher inflation for longer.”
“I’d also mention the Fed’s fund rate is at 3.5 – 3.75%, inflation tracking at 4% right now, and Jeffrey made a really good point yesterday, you’re into a point where you’re going to have negative interest rates again,” Payne said.
He added: “You mentioned that TINA trade – ‘There Is No Alternative’ – because there is so much money sitting in money market funds right now getting like 3.3 – 3.4% but if inflation’s at 4[%], that’s a real problem.”
“The bond vigilantes have spoken, and what they’re telling you is the Fed probably has to raise rates here just to keep inflation in check because, clearly, right now we’re pricing in a much different market than we were just two weeks ago,” he added, “which is kind of wild.”
Bartiromo agreed: “Yeah, it’s true and, of course, the president continues to say that this is a temporary situation, Ryan.”
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“Fox Business anchor Maria Bartiromo agreed with analyst Ryan Payne’s take that the Federal Reserve may now have to raise interest rates ...”
And what Maria Bartiromo agrees to is important why??
At some point, we have to stop spending money like a drunken sailor, and then monetizing the debt.
This used to be one of the core reasons for which God put Republicans on earth. Trump has zero interest; he just wants to kick the can down the road until he’s out of office.
Once Trump departs, the fiscal hawks will start to resurface. The question is how many of them are left.
If gas prices continue to increase then rates will have to go up to curb the incoming inflation.
There will be pressure to drop gas taxes across the country. But subsequent spending cuts won’t be made…and that will cause the debt(s) to go up. That will put pressure on rates.
Trump is going to need to wrap up the stuff in the Middle East soon, or its going to be a long, hot, and expensive summer.
On a personal note, this is good news for me. Almost all of my investment is in cash in a T. Rowe Price money market account. The higher the Fed rate, the more monthly interest TRP adds to my account.
Our “stellar” 2.0% annualized GDP growth rate for the first quarter of 2026 means we are getting about $600B in GDP growth out of that new debt.
You’d have to be retarded beyond help to think this is a good idea.
Were are we going to cut spending then ?
#1 is entitlements,.and in a distant second is defense.
P.S. As affirmed by "Nestor vs Fleming" SS/Medicare-Medicaid is a government entitlement paid at the sole discretion of Congress ... suckers.
The question is how many of them are left.
********
When you get an answer please let us know.
What can I do to stop this inflation?? Just not buy so much??
Absolutely. The anti-Powellists have promoted the idea that the Fed has some god-like ability to alter economic reality.
Warsh’s confirmation hasn’t stopped the steepening of the yield curve.
“At some point, we have to stop spending money like a drunken sailor, and then monetizing the debt.”
As Ronald Reagan said “Quit insulting Drunken Sailors’s” They are not as bad as FedGov.
T Rowe charges .32% in fees. SGOV charges .09% in fees as an ETF. SGOV invests in treasuries and currently has a 4.03% return.
Just sayin....
“You’d have to be retarded beyond help to think this is a good idea.”
Anyone is even more retarded to take economic advice from you.
Is it just me, or does anyone have the same thought? Just wet Maria‘s lips and press her up against the studio glass window. Come back later, much later….
Bartiromo has been a supporter of Trump for the longest time. Her backing this idea is telling her viewers that the President is heading in the wrong direction. Will it matter? IDK.
Trillions of dollars of national debt has to be refinanced soon. If the rates of raised, the national debt increases, which causes inflation that you say you don’t want.
When the interest on the debt reaches a certain point in the yearly budget, it is all over.
“Trillions of dollars of national debt has to be refinanced soon. “
Nine Trillion in 2026.
Cut diesel fuel taxes, not gas taxes.
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