Donald J. Trump has spent months demanding that the Federal Reserve cut interest rates, but he may be in for another unpleasant surprise.

The Fed is widely expected to raise its benchmark interest rate by a quarter-point Wednesday—the first increase in three years—as officials confront inflation that remains stubbornly above the central bank’s 2% target, the Associated Press reports. Rising oil prices have added even more pressure, making it harder for officials to justify the cuts Trump keeps demanding.

That puts Fed Chair Kevin Warsh, Trump's own choice to lead the central bank, in an awkward position with the president. Trump has made no secret of his desire for cheaper borrowing costs, particularly with the midterm elections approaching. But Warsh has emphasized that inflation is still a problem and has signaled that the Fed may need to raise rates rather than lower them.

In other words, the man Trump apparently expected to help deliver his preferred economic policies is instead presiding over a Fed that appears prepared to do precisely what Trump doesn't want. Very sad, indeed

The expected hike comes as inflation continues to bite hard. Consumer prices rose 3.4% in August from a year earlier, while gasoline prices jumped sharply amid the conflict in the Middle East. Higher energy costs are also feeding into other parts of the economy, including transportation and services.

Markets have increasingly anticipated a rate increase, with investors also watching for signs that additional hikes could follow if inflation refuses to cool.

So Trump may soon have another reason to reach for Truth Social in panic mode: His hand-picked Fed chair faces an inflation problem that doesn't seem particularly interested in following presidential instructions.

Apparently, even Kevin Warsh didn't get the memo that the Federal Reserve was supposed to take orders from the Oval Office. And yeah, Trump will lash out because when a narcissist loses control, their behavior escalates, and it isn't pretty.