Warsh and Trump on collision course as investors expect Fed to raise rates

Covered by 6 sources
- NYT Business·6h agoWarsh Set for Showdown With Trump as Fed Faces Pressure to Raise Rates
The Federal Reserve is expected to raise interest rates on Wednesday, putting Kevin M. Warsh, the chairman, at odds with the administration just before the midterms.
Read at NYT Business → - ABC News Politics·9h agoFederal Reserve is expected to raise its benchmark rate, defying Trump's demands
The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s demands
Read at ABC News Politics → - Irish Times Business·10h agoKevin Warsh under pressure before Fed rate decision
The data suggests Warsh should announce a rate hike this week. But will he dare face the wrath of Donald Trump?
Read at Irish Times Business → - The West Business·14h agoWarsh faces a tough battle as the Fed girds for expected interest rate hike
Fed chair Kevin Warsh will be counting votes this week both on a widely anticipated rate hike as well as the future direction of monetary policy.
Read at The West Business → - Inc Magazine·1d agoThe Fed Is Expected to Raise Rates Wednesday, but Inflation Is Not the Whole Story
Kevin Warsh faces his biggest call yet.
Read at Inc Magazine → - Financial Times·1d agoWarsh and Trump on collision course as investors expect Fed to raise rates
Central bank chair under pressure to back warnings on inflation with action despite risking president’s ire
Read at Financial Times →

