The current president of the Fed criticized the central bank last year for having delayed lowering its rates. Investors now expect it to start raising them, seven weeks before the mid-term elections.
Interest increases go against what President Donald Trump imagined when he named Warsh this year to lead the Fed, saying he hoped his nominee would reduce them.
The current president of the Fed criticized the central bank last year for having delayed lowering its rates. Investors now expect it to start raising them, seven weeks before the mid-term elections.