Trump Stands by Warsh Despite Fed's Rate Hold
7 Articles
7 Articles
The Economic Times
Times of IndiaTrump stands by Warsh despite Fed's rate hold
The Federal Reserve maintained its benchmark interest rate, resisting President Donald Trump's calls for a reduction. Three officials dissented, advocating for a rate hike to combat persistent inflation. Warsh acknowledged vigorous debate and the Fed's commitment to controlling prices. He noted the central bank lacks immediate solutions for inflation's complex drivers. Market yields have risen as investors assess economic data and Fed signals.
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Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on July 29, 2026 in Washington, DC. Win McNamee | Getty Images Wall Street has a clear takeaway from this week’s Federal Reserve decision: A hike is likely on the horizon as inflation remains a top priority. The Fed opted to hold interest rates steady at the second meeting led by Chairman Kevin Warsh. But between his commentary about inflation and t…
Many words, little monetary policy: The US Federal Reserve leaves the key rate untouched for the fifth time in a row, despite too high inflation. Kevin Warsh does not provide a plausible explanation for this.
Everything but an obedient pawn turned out to be the new president of the Federal Reserve (Fed), Kevin Warsh; but it is also true that Donald Trump makes it easy for the U.S. central bank: how to ask him to lower interest rates if the White House does not find the way out of the war that this administration unleashed around the Strait of Ormuz?
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