Some economists and Wall Street analysts had predicted the Fed would hike its rate by a quarter point. At a press conference following the rate decision, Fed Chair Kevin Warsh reiterated the Fed's commitment to combatting inflation. The yield on the 10-year Treasury has risen from around 4.50% in mid-June to 4.64% just ahead of the Fed's rate decision. But they give a 55% chance of a rate hike in September, according to data from CME. I know he'd love to see lower interest rates, but he's got a board and it's a political board and they want to keep rates up," Trump told reporters.